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 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)
In business and accounting, cost is the monetary value spent by a company to
create and offer a product or service, however, it does not include profit mark-up.
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
cost price: This definition explains what a cost price is and how it is used to
determine subsequent prices in the distribution channel of a product or service.
Feb 24, 2016 ... There are many types of costs in a business firm including direct and indirect
costs and product and period costs.
In accounting, cost is defined as the cash amount (or the cash equivalent) given
up for an asset. Cost includes all costs necessary to get an asset in place and ...
Cost accounting involves the techniques for: determining the costs of products,
processes, projects, etc. in order to report the correct amounts on the financial ...
A type of accounting process that aims to capture a company's costs of
production by assessing the input costs of each step of production as well as
fixed costs ...
Definition of cost: The total money, time and resources associated with a
purchase or activity.