cost cutting | the act of cutting costs |
cost accounting | keeping account of the costs of items in production |
cost analysis | breaking down the costs of some operation and reporting on each factor separately |
management control | an internal control performed by one or more managers |
management direction | the act of managing something, he was given overall management of the program, is the direction of the economy a function of government? |
database management | creation and maintenance of a database |
line management | administration of the activities contributing directly to an organization's output |
rise boost hike cost increase | an increase in cost, they asked for a % rise in rates |
monetary value price cost | the property of having material worth (often indicated by the amount of money something would bring if sold), the fluctuating monetary value of gold and silver, he puts a high price on his services, he couldn't calculate the cost of the collection |
average cost | total cost for all units bought (or produced) divided by the number of units |
marginal cost incremental cost differential cost | the increase or decrease in costs as a result of one more or one less unit of output |
price cost toll | value measured by what must be given or done or undergone to obtain something, the cost in human life was enormous, the price of success is hard work, what price glory? |
cost-benefit analysis | an analysis of the cost effectiveness of different alternatives in order to see whether the benefits outweigh the costs |
industrial engineering industrial management | the branch of engineering that deals with the creation and management of systems that integrate people and materials and energy in productive ways |
cost-plus contract | a contract in which the contractor is paid his total cost plus a stated percentage of profit |
database management system DBMS | a software system that facilitates the creation and maintenance and use of an electronic database |
relational database management system | a database management system designed to manage a relational database |
object-oriented database management system | a database management system designed to manage an object-oriented database |
consumer price index CPI cost-of-living index | an index of the cost of all goods and services to a typical consumer |
management consulting | a service industry that provides advice to those in charge of running a business |
Federal Emergency Management Agency FEMA | an independent agency of the United States government that provides a single point of accountability for all federal emergency preparedness and mitigation and response activities |
Office of Management and Budget OMB | the executive agency that advises the President on the federal budget |
Financial Management Service | the federal agency in the Treasury Department that manages the government's disbursement and collection systems and provides central accounting and financial reporting |
management | those in charge of running a business |
management personnel | personnel having overall planning and direction responsibilities |
cost accountant | a specialist in the systematic recording and analysis of the costs incident to production |
management consultant | adviser to business about efficient management practices |
cost-of-living allowance | an allowance for changes in the consumer price index |
cost | the total spent for goods or services including money and time and labor |
operating expense operating cost overhead budget items | the expense of maintaining property (e.g., paying property taxes and utilities and insurance), it does not include depreciation or the cost of financing or income taxes |
cost-of-living benefit | a benefit that goes to anyone whose money receipts increase automatically as prices rise |
cost overrun | excess of cost over budget, the cost overrun necessitated an additional allocation of funds in the budget |
cost of living | average cost of basic necessities of life (as food and shelter and clothing), a rise in the cost of living reflects the rate of inflation |
borrowing cost | the cost of borrowing something |
distribution cost | any cost incurred by a producer or wholesaler or retailer or distributor (as for advertising and shipping etc) |
handling cost handling charge | the cost of handling (especially the cost of packaging and mailing an order) |
marketing cost | the cost of marketing (e.g., the cost of transferring title and moving goods to the customer) |
production cost | combined costs of raw material and labor incurred in producing goods |
replacement cost | current cost of replacing a fixed asset with a new one of equal effectiveness |
reproduction cost physical value | cost of reproducing physical property minus various allowances (especially depreciation) |
unit cost | calculated cost for a given unit of a product |
opportunity cost | cost in terms of foregoing alternatives |
cost of capital capital cost | the opportunity cost of the funds employed as the result of an investment decision, the rate of return that a business could earn if it chose another investment with equivalent risk |
carrying cost carrying charge | the opportunity cost of unproductive assets, the expense incurred by ownership |
fixed charge fixed cost fixed costs | a periodic charge that does not vary with business volume (as insurance or rent or mortgage payments etc.) |
cost ledger | ledger showing the accumulated costs classified in various ways |
cost-pull inflation | inflation caused by an increase in the costs of production |
cost | require to lose, suffer, or sacrifice, This mistake cost him his job |
cost be | be priced at, These shoes cost $ |
cost-plus | determining payment based on the actual cost of production plus an agreed-upon fee or rate of profit, a cost-plus government contract |