LCM

Definition : Lower of Cost or Market
Category : Business » Accounting
Country/Region : Worldwide Worldwide
Popularity :

What does LCM mean?

Lower of Cost or Market (LCM or LOCOM) is an accounting rule for valuing and reporting inventory. The rule states that inventory should be measured at cost or market value whichever is lower.

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We have found 9 more results for LCM
Worldwide LCM Least Common Multiple
Academic & Science
>>
Mathematics
Worldwide LCM Laser Capture Microdissection
Technology
>>
Medical
United Kingdom LCM London College of Music
Academic & Science
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Universities & Institutions
Worldwide LCM Lymphocytic Choriomeningitis
Medical
>>
Diseases & Conditions
Worldwide LCM Landing Craft Mechanized
Transport & Travel
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Water Transport
Argentina LCM La Cumbre Airport
Transport & Travel
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Airport Codes
United Kingdom LCM Leeds College of Music
Academic & Science
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Universities & Institutions
United Kingdom LCM London City Mission
Associations & Organizations
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Religious Organizations
Slovenia LCM Letalski Center Maribor
[Aviation Center Maribor]
Associations & Organizations
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Regional Organizations

Frequently Asked Questions (FAQ)

What is the full form of LCM in Accounting?

The full form of LCM is Lower of Cost or Market

What is the full form of LCM in Business?

Lower of Cost or Market

What are the full forms of LCM in Worldwide?

Least Common Multiple | Laser Capture Microdissection | Lymphocytic Choriomeningitis | Landing Craft Mechanized | Lower of Cost or Market

Translation

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