Official Concept and Definition

Cost

Definition

Refers to all expenses incurred during the year whether paid or payable. Valuation is at purchaser prices including taxes and other charges, net of rebates, returns and allowances. Goods and services received by the establishment from other establishments of the same enterprise are valued as though purchased.

Formula
PSS Agency PSA
Source/s

2012 Census of Philippine Business and Industry (CPBI)

https://psa.gov.ph/content/2012-census-philippine-business-and-industry-economy-…
Indicators / Statistics Being Generated Not applicable
PSA Board Resolution Not applicable
Statistical Domain Economic Statistics
Statistical Activity Business Statistics

Official Concepts and Definitions

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