The definition of cost and the
The legal definition of costs in the cause is the general rule in the law of costs that the ultimate victor at trial may get his or her costs against the loser and including all interlocutory applications. A semi-fixed cost is fixed over a given, small range of activity, and above that level of activity, the costsuddenly jumps. Labour costs definition: the charges incurred when employing labour the wages , etc, paid to workers , esp those | meaning, pronunciation, translations and examples. Advertisements: read this article to learn about the definition, appointing authority, types and objectives of cost audit definition of cost audit: cost audit has been defined by the chartered institute of management accountants, london as “the verification of cost accounts and a check on the adherence to the cost accounting plan. Cost containment is the business practice of maintaining expense levels to prevent unnecessary spending or thoughtfully reducing expenses to improve profitability without long-term damage to the company. Cost management definition - cost management is the process of effectively planning and controlling the costs involved in a business it is considered. Total costs are usually expressed as fixed + variable total cost definition 1: in accounting overview of cost definitions and methodologies by james ruth. The civilian agency acquisition council and the defense acquisition regulations council (councils) have agreed on a final rule amending the federal acquisition regulation (far) to clarify the distinction between ``certified cost or pricing data'' and ``data other than certified cost or pricing.
Definition of cost: the total money, time and resources associated with a purchase or activity. Definition of cost in the financial dictionary - by free online english dictionary and encyclopedia what is cost meaning of cost as a finance term. Inventory optimization and inventory costs, inventory costs are the costs related to storing and maintaining its inventory over a certain period of time. Define fee: an estate in land the return on investment strategy document stated the annual cost to the city in storage fees is $ definition of fee for english. How can the answer be improved. Definition of cost and freight in the financial dictionary - by free online english dictionary and encyclopedia what is cost and freight meaning of cost and freight as a finance term.
Definition: impact cost is the cost that a buyer or seller of stocks incurs while executing a transaction due to the prevailing liquidity condition on the counter in. Cost definition, the price paid to acquire, produce, accomplish, or maintain anything: the high cost of a good meal see more. Coast definition, the land next to the sea seashore: the rocky coast of maine see more. Cost centers are business units that do not have an impact on profits and add to the cost of running a company but nevertheless indirectly add to the bottom line and are essential components to any business.
Define cost accounting cost accounting synonyms, cost accounting pronunciation, cost accounting translation, english dictionary definition of cost accounting n an accountant who keeps records of the costs of production and distribution cost accounting n n the recording and controlling of all the expenditures. Term definition acquisition cost: the cost of the asset including the cost to ready the asset for its intended use acquisition cost for equipment, for example, means the net invoice price of the equipment, including the cost of any modifications, attachments, accessories, or auxiliary apparatus necessary to make it usable for the purpose for.
What is project cost management it is a suit of activities for estimating, allocating, and controlling costs within the project. Define cost cost synonyms, cost pronunciation, cost translation, english dictionary definition of cost n 1 an amount paid or required in payment for a purchase a price. Companies need to manage their logistics with a balance between cost and performance definition of logistics costs accessed april 05.
The definition of cost and the
Cost value definition, meaning, english dictionary, synonym, see also 'cost accounting',cost centre',cost rent',cost accountant', reverso dictionary, english definition, english vocabulary. Cost: cost, in common usage, the monetary value of goods and services that producers and consumers purchase in a basic economic sense, cost is the measure of the alternative opportunities foregone in the choice of one good or activity over others.
A defensive cost is an environmental expenditure to eliminate or prevent environmental damage defensive costs form part of the genuine progress indicator. At the cost of definition, meaning, english dictionary, synonym, see also 'cost',cost accounting',cost centre',cost rent', reverso dictionary, english definition. Define cost: the amount or equivalent paid or charged for something : price — cost in a sentence. Definition of cost - (of an object or action) require the payment of (a specified sum of money) before it can be acquired or done, estimate the price o.
According to 48 cfr 2101 (title 48, federal acquisition regulations system chapter 1, federal acquisition regulation subchapter a, general part 2, definitions of words and terms subpart 21, definitions), cost or pricing data means all facts that, as of the date of price agreement or, if applicable, an earlier date agreed upon between the. Quality glossary definition: cost of quality cost of poor quality (copq): the costs associated with providing poor quality products or services. The definition of affordable housing: the cost of other essential needs and services as it is a comment oneth cost of housing. 3 defined cost defined cost - definition changes between main options serves 2 purposes under all main options basis for assessing the financial impact of.