Last edited 30 Oct 2020

Resource cost

The Green Book, Central Government Guidance On Appraisal And Evaluation, Published by HM Treasury in 2018, defines resource cost as: ‘…the costs of goods and services excluding transfer payments such as for example VAT. In resource accounting, ‘resource costs’ are accruals expressed in real terms.’

Where, resources are: ‘…real goods and services excluding other costs.’

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