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RECO in Accounting Meaning

The RECO meaning in Accounting terms is "Replacement Cost". There are 1 related meanings of the RECO Accounting abbreviation.

RECO on Accounting Full Forms

  1. Replacement Cost Replacement cost is the total cost at current prices of an asset which may not necessarily be an exact duplicate of the subject asset but serves the same purpose or performs the same function as the original.

Frequently Asked Questions (FAQ)

  1. What does RECO stand for Accounting?

    RECO stands for Replacement Cost in Accounting terms.

  2. What is the shortened form of Replacement Cost in Accounting?

    The short form of "Replacement Cost" is RECO for Accounting.

Citation

RECO in Accounting. Acronym24.com. (2020, May 24). Retrieved May 18, 2024 from https://acronym24.com/reco-meaning-in-accounting/

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