PERIODIC VALUATION Definition

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PERIODIC VALUATION allows for the determination on future dates the value of assets, portfolios, etc. with the idea of setting a new standard cost or value to those assets. Such revaluations, up or down, are then posted as the new standard cost or value. See REVALUATION.

Learn new Accounting Terms

EMI is Equal Monthly Installments (finance/business).

SFAS is Statement of Financial Accounting Standards or Statewide Fixed Assets System.

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