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What is Cost of Goods Available for Sale? Definition: The cost of goods available for sale tells you the cost of the finished goods that a company can sell to its customers. This sum includes the cost of inventory at the beginning of the period under consideration...

What is Cumulative Preferred Stock Definition: Cumulative preferred stock is a form of equity issued by a company. Holders of this class of stock are entitled to receive a dividend before a payout is made to common shareholders. If a company does not declare any dividend in...

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text]What is a CVP Graph?Definition: The cost volume profit graph, which is abbreviated as the CVP graph, illustrates the relationship between the costs of production and sales.What does CVP Graph mean?The purpose of making a CVP graph is to...

What is a Deferral? Definition: A deferral is an accounting term that refers to the postponement of the recognition of an expense or revenues. There are times when a company may make a payment in advance, but receive the corresponding benefit only at a later date. Similarly,...

What is a Deferred Expense? Definition: A business organization often makes advance payments for good and services. This type of payment is recorded as a deferred expense. It is a cost that has been incurred for a good or a service that has not yet been consumed. What...