Total Asset Acquisition Cost (TCA)

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An Total Asset Acquisition Cost (TCA) is a total cost of an asset including the net price plus other necessary costs to get it ready to use.



References

2021

  • (Wikipedia, 2021) ⇒ https://en.wikipedia.org/wiki/Total_cost_of_acquisition Retrieved:2021-11-3.
    • Total cost of acquisition (TCA) is a managerial accounting concept that includes all the costs associated with buying goods, services, or assets. [1] Generally, it is the net price plus other costs needed to purchase the item and get it to the point of use. These other costs can include: the item's purchasing costs (closing, research, accounting, commissions, legal fees), transportation, preparation and installation costs. [2]

      Typically they do not include training, system integration costs that might be considered operational costs.

  1. Standard definitions
  2. Paquette, Larry, (2004). The Sourcing Solution. AMAMOC, New York, 109-115

2016