What does cost principle mean?
Definitions for cost principle
cost prin·ci·ple
This dictionary definitions page includes all the possible meanings, example usage and translations of the word cost principle.
Wikipedia
Cost principle
In accounting, the cost principle is part of the generally accepted accounting principles. Assets should always be recorded at their cost, when the asset is new and also for the life of the asset. For instance, land purchased for $30,000 is appraised at the much higher value because the housing market has risen, but the reported value of the land will remain $30,000.
Numerology
Chaldean Numerology
The numerical value of cost principle in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of cost principle in Pythagorean Numerology is: 6
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"cost principle." Definitions.net. STANDS4 LLC, 2024. Web. 27 Jul 2024. <https://www.definitions.net/definition/cost+principle>.
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