👉 In the context of accounting, a kilo is equal to one thousand. Therefore, "kilo" refers to one thousandth of a million. In financial terms, it's used to measure the value of money in a unit called a "unit of account."
👉 In the context of accounting, a kilo is equal to one thousand. Therefore, "kilo" refers to one thousandth of a million. In financial terms, it's used to measure the value of money in a unit called a "unit of account."
