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In accounting, there is a different technical concept of cost, which excludes implicit opportunity costs. In common usage, as in accounting usage, cost typically does not refer to implicit costs and instead only refers to direct monetary costs. The economics term profit relies on the economic meaning of the term for cost.
Planck units is system of geometrized units in which the reduced Planck constant is included in the list of defining constants. It is based on only properties of free space rather than of any object or particle. Stoney units is a system of geometrized units in which the Coulomb constant and the elementary charge are included.
A unit of account [1] is a standard numerical monetary unit of measurement of the market value of goods, services, and other transactions. Also known as a "measure" or "standard" of relative worth and deferred payment, a unit of account is a necessary prerequisite for the formulation of commercial agreements that involve debt.
OOF – Out of Facility, used interchangeably with Out of Office and originating from the Microsoft Xenix mail system [11] OOO – Out of Office; OPEX – Operating Expenditure or Operational Expenditure; OTIF – On Time In Full; OTC – Over-the-counter (finance)
Pages in category "Accounting terminology" The following 98 pages are in this category, out of 98 total. This list may not reflect recent changes. 0–9.
Accounting, also known as accountancy, is the process of recording and processing information about economic entities, such as businesses and corporations. [1] [2] Accounting measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. [3]
The systems formalised the concept of a collection of related units called a coherent system of units. In a coherent system, base units combine to define derived units without extra factors. [4]: 2 For example, using meters per second is coherent in a system that uses meter for length and seconds for time, but kilometre per hour is not coherent.
The first group of metric units are those that are at present defined as units within the International System of Units (SI). In its most restrictive interpretation, this is what may be meant when the term metric unit is used. The unit one (1) is the unit of a quantity of dimension one. It is the neutral element of any system of units. [2]