Line Item
From Open Risk Manual
Revision as of 11:34, 17 September 2021 by Wiki admin (talk | contribs)
Definition
Line Item. A description of a product or service including its unit cost, number of units and total cost. Generic types of assets, liabilities, income or expense that are common to all businesses and used as the basis of financial reporting, e.g. rent, salaries, advertising etc.
