GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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15:02 Oct 29, 2020 |
Spanish to English translations [PRO] Bus/Financial - Accounting / informe de auditoría | |||||||
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| Selected response from: Richard Cadena Mexico Local time: 05:26 | ||||||
Grading comment
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Summary of answers provided | ||||
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5 +5 | in restated amounts recorded at cost |
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4 -1 | in actualized numbers recorded at their cost |
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3 | in updated figures registered to the cost |
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Discussion entries: 3 | |
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in actualized numbers recorded at their cost Explanation: What is actualization in finance? The actualization process can be defined as the present value at time t = 0 of a future unitary amount. Explicitly, it is the inverse of the capitalization process. DEFINITION 3.2. : The actualization process , associated to a given flux of interest (3.4) is. -------------------------------------------------- Note added at 1 hr (2020-10-29 16:24:22 GMT) -------------------------------------------------- An alternative: 'At present value numbers recorded at their cost' |
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2 hrs confidence: peer agreement (net): +5
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