OTHER CURRENT ASSETS Definition

Bookmark and Share

OTHER CURRENT ASSETS relates to any other current assets. Does not include prepaid items.

Learn new Accounting Terms

CONSUMPTION SMOOTHING is aimed at protecting consumption patterns from the impact of shocks, and can take effect either before or after their occurrence. Post-shock responses include modifying consumption, raising income by mobilizing labor or selling assets, drawing on informal or formal sources of savings, or activating claims on informal insurance mechanisms.

NZIAS is New Zealand International Accounting Standards.

Suggest a Term

Enter Search Term

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