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 management is the process of planning and controlling the budget of a
business. Cost management, also called cost accounting, is a form of
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 ...
Feb 24, 2016 ... There are many types of costs in a business firm including direct and indirect
costs and product and period costs.
cost meaning, definition, what is cost: the amount of money needed to buy, do, or
make something: . Learn more.
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.