Overview

base stock


More Like This

Show all results sharing these subjects:

  • Financial Institutions and Services
  • Accounting

GO

Show Summary Details

Quick Reference

A certain volume of stock, assumed to be constant in that stock levels are not allowed to fall below this level. When the stock is valued, this proportion of the stock is valued at its original cost. This method is not normally acceptable under Statement of Standard Accounting Practice 9 for financial accounting purposes.

Subjects: Financial Institutions and Services — Accounting.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.