Total cost of acquisition
Topic: Finance
From Handwiki - Reading time: 1 minShort description: Total cost required by any company for managerial tasks
Total cost of acquisition (TCA) is a managerial accounting concept that includes all the costs associated with buying goods, services, or assets.[1]
Generally, it is the net price plus other costs needed to purchase the item and get it to the point of use. These other costs can include: the item's purchasing costs (closing, research, accounting, commissions, legal fees), transportation, preparation and installation costs.[2]
Typically they do not include training, system integration costs that might be considered operational costs.
See also
References
- ↑ Standard definitions
- ↑ Paquette, Larry, (2004). The Sourcing Solution. AMAMOC, New York, 109-115
External links
- Business Dictionary
- The Sourcing Solution, (Google books)
- Example of application of acquisition costs
 |  |
This article is licensed under CC BY-SA 3.0.
Original source: https://handwiki.org/wiki/Total cost of acquisition
Status: article is cached
Original source: https://handwiki.org/wiki/Total cost of acquisition
Status: article is cached
EncycloReader
is supported by the 
KSF