FUNDED DEPRECIATION ACCOUNT Definition

Bookmark and Share

FUNDED DEPRECIATION ACCOUNT is a reserve setup to cover the replacement cost of those capital assets covered within the depreciation schedule.

Learn new Accounting Terms

DIRECT LABOR is work performed by individuals which is directly related to a specific cost objective. This work is readily identifiable with a particular product or service.

OPERATING CASH FLOW (OCF) is the amount used to represent the money moving through a company as a result of its operations, as distinct from its purely financial transactions.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.