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It means a way or a thing that gets the point across without being ostentatious or overly obvious. For example a person of great wealth may have a large house. If he paints it bright red it is outlandish. But he may decorate and finish the house in a tasteful way that makes beautiful and blended with its surroundings while still being large and giving the impression of wealth. Then his house would be called understated.

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15y ago
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10y ago

stance means magic....understance means in magic...

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Q: What does understated mean?
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What happens to net income if inventory is understated?

If inventory is understated, net income is also understated because cost of goods sold will be overstated


What is the word for an understatement of something good?

It may be too obvious, but the word "understated" is sometimes used for this purpose. "She refreshed the room with understated grace". Often the suggestion is that the understated thing is more powerful for its subtlety.


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Subtle or understated.


If accrued revenue is left out of financial statement what are effects on in come statement balance sheet cash flow statement?

Assets (accrued revenue) is understated. Accrued taxes are understated (unaccrued revenue times tax rate) Retained earnings are understated (amount of revenue not accrued less the accrued income tax) Income statement revenue is understated Income tax expense is understated (unaccrued revenue times tax rate)


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Depends on the error. Either assets will be over/understated and liabilities/stockholders' equity will be over/understated.


If an adjusting entry were not made at the end of a period to remove the earned revenue from the unearned revenue account?

That would mean that the liabilities would be understated.


What is the effect on net profit if opening stock is undervalued?

If Opening Stock is undervalued, this will result in your Cost of Sales being understated and therefore Gross and Net Profit being overstated. Of course, since Opening Stock in this period is the last period's Closing Stock, this would mean that Closing Stock in the last period was understated too, meaning that Net Profit in the last period was understated. That doesn't make it OK though!


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The importance of your success on this mission cannot be understated.


What is a word opposite 'hype'?

A word opposite of "hype" could be "understated" or "subdued."