In production, research, retail, and accounting, a cost is the value of money that
has been used up to produce something, and hence is not available for use ...
Definition: In business and accounting, cost is the monetary value spent by a
company to produce a product. It does not include profit mark-up.
Definition of cost: An amount that has to be paid or given up in order to get
something. In business, cost is usually a monetary valuation of (1) effort, (2)
the price of something : the amount of money that is needed to pay for or buy
something. : an amount of money that must be spent regularly to pay for
For example, cost accounting is used to compute the unit cost of a manufacturer's
products in order to report the cost of inventory on its balance sheet and the ...
Cost management is the process of planning and controlling the budget of a
business. Cost management is a form of management accounting that allows a ...
3 days ago ... cost meaning, definition, what is cost: the amount of money needed to buy, do, or
make something: . Learn more.
Cost definition, the price paid to acquire, produce, accomplish, or maintain
anything: the high cost of a good meal. See more.
Definition of cost: The total money, time and resources associated with a
purchase or activity.
There are many types of costs in a business firm including direct and indirect
costs and product and period costs.