Monetary: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Classify page.) |
imported>Doug Williamson (Expand second definition.) |
||
| Line 10: | Line 10: | ||
''Financial reporting''. | ''Financial reporting''. | ||
In financial reporting, monetary items are amounts held - or to be received or paid - in a fixed or readily determinable amount of money. | |||
Contrasted with 'non-monetary' items such as property, plant and equipment. | Contrasted with 'non-monetary' items such as property, plant and equipment. | ||
| Line 24: | Line 24: | ||
*[[Non-monetary items]] | *[[Non-monetary items]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Revision as of 11:07, 25 August 2019
1.
Relating to money, particularly the supply of, and confidence in, the official central currency.
Government monetary policies are often contrasted with, or combined with, fiscal policies.
2.
Financial reporting.
In financial reporting, monetary items are amounts held - or to be received or paid - in a fixed or readily determinable amount of money.
Contrasted with 'non-monetary' items such as property, plant and equipment.
