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normal loss and abnormal loss

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › normal loss and abnormal loss

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  • December 6, 2017 at 2:26 pm #421044
    phanhung2112
    Member
    • Topics: 3
    • Replies: 3
    • ☆

    How we categorise normal loss and abnormal lose in term of environmental cost?

    Is normal loss the potential hidden cost?
    Is abnormal loss the conventional cost?

    December 6, 2017 at 3:15 pm #421065
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54500
    • ☆☆☆☆☆

    Normal losses are the average expected losses.

    Abnormal losses are losses over and above what was expected.

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