As discussed in note 10, the fiscal year 2009 statement of net cost presents costs as one program for fiscal year 2009.
What does SONC stand for?
SONC stands for Statement of Net Cost (finance)
This definition appears very rarely and is found in the following Acronym Finder categories:
- Military and Government
- Business, finance, etc.
See other definitions of SONC
We have 2 other meanings of SONC in our Acronym Attic
- Scale Out Network Attached Storage
- Support Organisation for the Needs of Asylum Seekers (Ireland)
- Switchless Optical Network for Advanced Transport Architecture
- Societe Nationale de Transport et de Traitement des Hydrocarbures (Algeria)
- Special Olympics New Brunswick (Canada)
- Second Order Necessary Condition (analytics)
- Sherman Oaks Neighborhood Council (quasi-city advisory board; Los Angeles, CA)
- South Okanagan Naturalists Club (Penticton, British Columbia, Canada)
- Special Olympics North Carolina
- Special Olympics Northern California
- Sécurité, Orgueil, Nouveauté, Confort, Argent, Sympathie (French: Security, Pride, Novelty, Comfort, Money, Sympathy; (customer-driving factors used by advertisers)
- Sonic Calibration Log (oil exploration)
- Southern Oregon/Northern California Coast
- Sonar Countermeasures
- Secretary's Office, Navy Department (US Navy)
- Service on Data
- Social Organisation Networking for Development
- Sexual Orientation Non-Discrimination Act
- Shipboard Oceanography Network Data Environment
- School of Nursing and Dental Hygiene
Samples in periodicals archive:
Some of the most significant changes in amounts on the statement of net cost for the consolidated Financial Report of the United States Government (CFR) and for certain component entities can result from gains and losses from changes in assumptions.
Recommendation: As part of SEC's planned corrective measures to improve controls over the Statement of Net Cost preparation, the Chairman should update the time and attendance system to establish preset active activity and project codes for all activities used by SEC in its process for allocating gross costs to program costs by the strategic goals presented in its Statement of Net Cost.
Costs and exchange revenues would be shown in a statement of net cost and nonexchange revenue and other financing would be shown in a statement of changes in net position.