POSTULATE Definition

Bookmark and Share

POSTULATE, in logic, is a proposition that is accepted as true in order to provide a basis for logical reasoning.

Learn new Accounting Terms

QUOTE is to name the price of an asset or service, e.g. stock price or investment.

CONTINENTAL MODEL is an accounting model. There are other accounting systems which differ from the U.S. accounting model. U.S. GAAP and FASB standards are not the only accounting principles used internationally; for example, many countries reverse the U.S. debit and credit system. Many countries with high rates of inflation account for inflation in financial reports much more than the U.S. does. Also, for any company operating internationally there is the currency exchange translation problem when consolidating financial statements.

Suggest a Term

Enter Search Term

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