Acquisition expense

The cost that a company recognizes on its books for property or equipment after adjusting for discounts, incentives, closing costs and other necessary expenditures but before sales tax.

An acquisition cost can describe the costs accrued by a business in relation to the efforts involved in acquiring a new customer.

Popular posts from this blog

You are riding in Sarah's car when she fails to yield and causes an accident. Which of the following coverages would NOT pay for your injuries?