This crossword clue is for the definition: Bottom line.
it’s A 11 letters crossword puzzle definition.
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Possible Answers: SUM.
Last seen on: LA Times Crossword 27 Jun 2018, Wednesday
Random information on the term “Bottom line”:
In accounting under the traditional historical cost paradigm, historical cost is the original nominal monetary value of an economic item. Historical cost is based on the stable measuring unit assumption. In some circumstances, assets and liabilities may be shown at their historical cost, as if there had been no change in value since the date of acquisition. The balance sheet value of the item may therefore differ from the real value.
While historical cost is criticised for its inaccuracy (deviation from real value), it remains in use in most accounting systems during low and high inflation and deflation. During hyperinflation, International Financial Reporting Standards require financial capital maintenance in units of constant purchasing power in terms of the monthly CPI as set out in IAS 29 Financial Reporting in Hyperinflationary Economies. Various corrections to historical cost are used, many of which require the use of management judgment and may be difficult to verify. The trend in most accounting standards is a move to more accurate reflection of the fair or market value, although the historical cost principle remains in use, particularly for assets of little importance.
Random information on the term “SUM”:
In mathematics, summation (capital Greek sigma symbol: ∑) is the addition of a sequence of numbers; the result is their sum or total. If numbers are added sequentially from left to right, any intermediate result is a partial sum, prefix sum, or running total of the summation.
The numbers to be summed (called addends, or sometimes summands) may be integers, rational numbers, real numbers, or complex numbers. Besides numbers, other types of values can be added as well: vectors, matrices, polynomials and, in general, elements of any additive group (or even monoid).
For finite sequences of such elements, summation always produces a well-defined sum. The summation of an infinite sequence of values is called a series. A value of such a series may often be defined by means of a limit (although sometimes the value may be infinite, and often no value results at all). Another notion involving limits of finite sums is integration.
The summation of the sequence [1, 2, 4, 2] is an expression whose value is the sum of each of the members of the sequence. In the example, 1 + 2 + 4 + 2 = 9. Because addition is associative, the sum does not depend on how the additions are grouped, for instance (1 + 2) + (4 + 2) and 1 + ((2 + 4) + 2) both have the value 9; therefore, parentheses are usually omitted in repeated additions. Addition is also commutative, so permuting the terms of a finite sequence does not change its sum. For infinite summations this property may fail. See Absolute convergence for conditions under which it still holds.