QUALITATIVE INFORMATION Definition

Bookmark and Share

QUALITATIVE INFORMATION is information that is descriptive in nature, relating to, or involving quality or kind.

Learn new Accounting Terms

COST-TO-COST METHOD, in construction contracts, is an estimate of completion in which the state of completion is the ratio of costs incurred as of a given date divided by the estimated total project cost. See also PERCENTAGE OF COMPLETION METHOD OF ACCOUNTING.

CONSIGNMENT STOCK is vendor supplied stock that is only paid for when it is used. Consignment stock should change nothing except cash flow. Holding any more stock than is necessary is always inefficient whether it is consignment stock or not.

Suggest a Term

Enter Search Term

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