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What does HC stand for?

HC stands for Historical Cost (accounting)

This definition appears frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of HC

Other Resources:
We have 109 other meanings of HC in our Acronym Attic

Samples in periodicals archive:

CONCLUSION By analyzing the answers that we received from the surveyed professionals, we may reach the following general conclusions with regards to the options and prospects for applying various valuation bases within an accounting system: --The participants in the survey had very different opinions on the fact that most companies use historical cost as valuation base in their accounting, as half of them found this to be a normal thing and the other half dismissed it as abnormal, since historical cost doesn't reflect the prices applicable at the date when the financial statements are prepared.