Current Cost/Constant Purchasing Power Dollar Statements
What Is Meant by Current Cost/Constant Purchasing Power Dollar Statements?
Those financial statements that are adjusted for both specific and general price level changes are called current cost of constant purchasing power dollar statements.
About the Author
True Tamplin, BSc, CEPF®
True Tamplin is a published author, public speaker, CEO of UpDigital, and founder of Finance Strategists.
True contributes to his own finance dictionary, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics.