Avoidable Cost Definition
Sidra Farid Avoidable Cost Definition: Any cost that can be eliminated (in whole or in part) by choosing one alternative over another in a decision-making situation. In managerial accounting, this term is…
Appraisal Cost Definition
Appraisal Cost Definition: Costs that are incurred to identify defective products before the products are shipped to customers.
After Tax Cost definition
After Tax Cost definition The amount of net cash outflow resulting from a tax-deductible cash expense after income tax effects have been considered. After tax cost of debt The amount…
Common Cost Definition
Abida Rehman Common Cost Definition: A common cost is a cost that is common to a number of costing objects but cannot be traced to them individually. For example, the wage cost…