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imported>Doug Williamson |
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| | FICtional currency unit. |
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| A cost necessarily incurred in performing duties as an employee or independent professional.
| | Used for illustrative purposes in some foreign exchange training materials. |
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| | == See also == |
| | * [[CU]] |
| | * [[FCU]] |
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| More generally, any cost necessarily incurred in order to do something.
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| 3. ''Accounting - noun.''
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| An item treated as a cost in the current reporting period, when preparing an income statement.
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| 4. ''Accounting - verb.''
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| To account for an item as an expense, rather than capitalising it.
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| ==See also==
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| *[[Capitalise]]
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| *[[Expenditure]]
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| *[[Expenses]]
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| *[[Income statement]]
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| *[[Research & development]]
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| [[Category:Accounting,_tax_and_regulation]]
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Revision as of 14:19, 23 October 2012
FICtional currency unit.
Used for illustrative purposes in some foreign exchange training materials.
See also
