Current Cost of Supplies(redirected from CCS)
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Current Cost of Supplies
Referring to the net income of a company after accounting for changes in expenses, especially those that affect the company's products. Calculating net income that accounts for the current cost of supplies is most common for companies that produce and sell commodities. For example, because oil and natural gas prices are quite volatile, the current cost of supplies can greatly impact an energy company's net income.
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