Define: Cost

UK Accounting Glossary

Definition: Cost


Quick Summary of Cost


The cost of a non-current asset is the cost of making it ready for use, cost of finished goods is cost of bringing them to the present condition and location.



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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.

Page URL
https://payrollheaven.com/define/cost/
Modern Language Association (MLA):
Cost. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 15, 2019 https://payrollheaven.com/define/cost/.
Chicago Manual of Style (CMS):
Cost. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/cost/ (accessed: September 15, 2019).
American Psychological Association (APA):
Cost. PayrollHeaven.com. Retrieved September 15, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/cost/

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This glossary post was last updated: 23rd December 2018.