| 单词 | inflation accounting |
| 释义 | inflation accounting inflation accounting Any method of accounting that, unlike historical-cost accounting, attempts to take account of the fact that a monetary unit (e.g. the pound sterling) does not have a constant value; because of the effects of inflation, successive accounts expressed in that unit do not necessarily give a fair view of the trend of profits. The principal methods of dealing with inflation have been current-cost accounting and current purchasing power accounting. |
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