It stands for allowance for doubtful accounts; a contra asset that represents management's estimate of the amount of accounts receivable...
It stands for allowance for doubtful accounts; a contra asset that represents management's estimate of the amount of accounts receivable...
It stands for bad debt reserve; a contra asset that represents management's estimate of the amount of accounts receivable (A/Rs)...
It stands for current cost accounting; an accounting method (valuation method) that uses current cost as a measure of value....
It stands for realizable cost savings (or realized cost savings); the amount by which the current cost of the assets...
It stands for current operating profit; the operating profit that constitutes the excess of the current value of an entity's...
It stands for net income; the amount that results from distracting specific items from an entity's income, depending on its...
It stands for modified historical cost; an enhanced version of historical cost (HC) where specific assets/ liabilities are recognized at...
It stands for historical cost; the original cost (acquisition price and other necessary costs) of an asset (and broadly any...
It stands for event of default; an occurrence that allows a creditor (lender) to identify a debtor's (borrower's) unlikeliness to...