current-cost accounting

noun

a method of accounting that values assets at their current replacement cost rather than their original costCompare historical-cost accounting

QUIZZES

TAKE ROUND 2 OF OUR PSAT VOCABULARY QUIZ!

Here is our second set of teacher-selected PSAT vocabulary words. Do you know the meanings of these terms?
Question 1 of 10
advocate
to give up possession or occupancy of.
to speak or write in favor of; support or urge by argument; recommend publicly.
to pronounce or decree by judicial sentence.
TAKE THE QUIZ TO FIND OUT

Words nearby current-cost accounting

current liabilities, current limiter, current ratio, current yield, current, electric, current-cost accounting, currently, currentness, curricle, curriculum, curriculum vitae
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012