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expired cost (Expenses used for generating business revenue incurred during a period of time when benefits were also received; when a business obtains all benefit from a cost it is considered an "expired cost". For example, in terms of the depreciation expense of an asset used in business production, once the goods are sold, the value of the asset is an expired cost. Read more: | |||
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expired costs |
расход текущего периода : 2 phrases in 1 subject |
Accounting | 2 |