cost principle

English - Turkish

Definition of cost principle in English Turkish dictionary

Maaliyet prensibi

English - English

Definition of cost principle in English English dictionary

The accounting principle that goods and services purchased should be recorded at their historical cost and not at their current market value

Related Terms

the historical cost principle

basic rule of accounting that deals with prices actually paid

Hyphenation

cost Prin·ci·ple

Turkish pronunciation

kôst prînsıpıl

Pronunciation

/ˈkôst ˈprənsəpəl/ /ˈkɔːst ˈprɪnsəpəl/