Business, Legal & Accounting Glossary
An accounting process used in absorption costing in that the overhead of an organisation is borne by the production of that organisation by the use of absorption rates.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Absorption are sourced/syndicated and enhanced from:
This glossary post was last updated: 25th August, 2019 | 55 Views.