Historical Costs
Historical cost is the original purchase price of an asset, recorded at the time of acquisition. It includes all costs to bring the asset to usable condition, like shipping or installation. Historical cost is objective and reliable but may not reflect current market value, especially for long-held assets.
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Head Office Account
An accounting record used in branch accounting to track transactions between the branch and the head office. It reflects capital…
High-low Method
High-low method is a simple technique used to estimate fixed and variable cost components from past data. It compares total…
Hurdle Rate
Hurdle rate is the minimum return a company expects on an investment or project to justify the risk. It’s often…
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