- The loss arising from a manufacturing or chemical process through abnormal waste, shrinkage, seepage, or spoilage in excess of the normal loss. It may be expressed as a weight or volume or in other units appropriate to the process; it is usually valued on the same basis as the good output. An abnormal gain is an unexpected surplus of output that may occur if the actual loss is less than anticipated.
Accounting dictionary. 2014.
Look at other dictionaries:
abnormal loss — Fin any losses which exceed the normal loss allowance. Abnormal losses are generally accounted for as though they were completed products … The ultimate business dictionary
abnormal loss — See normal loss … Big dictionary of business and management
abnormal spoilage — Fin the unexpectedly high level of shortfall that has contributed to an abnormal loss … The ultimate business dictionary
Abnormal Spoilage — The waste or wrecking of inventory beyond what is expected in normal business processes. Abnormal spoilage can be the result of broken machinery or from inefficient operations, and is considered to be at least partially preventable. In accounting … Investment dictionary
abnormal psychology — noun the branch of psychology concerned with abnormal behavior • Syn: ↑psychopathology • Derivationally related forms: ↑psychopathologic (for: ↑psychopathology) • Hypernyms: ↑psychology, ↑ … Useful english dictionary
abnormal item — /æbnɔməl ˈaɪtəm/ (say abnawmuhl uytuhm) noun (often plural) a gain, loss, expense or item of revenue which occurs in the normal course of a company s business but which is regarded as abnormal because of its size and effect during the reporting… … Australian English dictionary
Conductive hearing loss — Classification and external resources Anatomy of the human ear. ICD 10 H … Wikipedia
Sensorineural hearing loss — Classification and external resources Cross section of the cochlea. ICD 10 H … Wikipedia
Vision loss — or visual loss is the absence of vision where it existed before, which can happen either acutely (i.e. abruptly) or chronically (i.e. over a long period of time). The effects of visual loss can, before the acquisition of alternative adaptations… … Wikipedia
Temporary loss of consciousness — A partial or complete loss of consciousness with interruption of awareness of oneself and ones surroundings. When the loss of consciousness is temporary and there is spontaneous recovery, it is referred to as syncope or, in nonmedical quarters,… … Medical dictionary