cost cutting | the act of cutting costs |
accountancy accounting | the occupation of maintaining and auditing records and preparing financial reports for a business |
cost accounting | keeping account of the costs of items in production |
inventory accounting | accounting that controls and evaluates inventory |
cost analysis | breaking down the costs of some operation and reporting on each factor separately |
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? |
accounting | a system that provides quantitative information about finances |
cost-benefit analysis | an analysis of the cost effectiveness of different alternatives in order to see whether the benefits outweigh the costs |
accounting principle accounting standard | a principle that governs current accounting practice and that is used as a reference to determine the appropriate treatment of complex transactions |
cost-plus contract | a contract in which the contractor is paid his total cost plus a stated percentage of profit |
consumer price index CPI cost-of-living index | an index of the cost of all goods and services to a typical consumer |
accounting | a convincing explanation that reveals basic causes, he was unable to give a clear accounting for his actions |
accounting firm | a firm of accountants who provide accounting and auditing services for a fee |
generally accepted accounting principles GAAP | a collection of rules and procedures and conventions that define accepted accounting practice, includes broad guidelines as well as detailed procedures |
Government Accounting Office GAO United States Government Accounting Office | an independent nonpartisan federal agency that acts as the investigative arm of Congress making the executive branch accountable to Congress and the government accountable to citizens of the United States |
accounting data | all the data (ledgers and journals and spreadsheets) that support a financial statement, can be hard copy or machine readable |
cost accountant | a specialist in the systematic recording and analysis of the costs incident to production |
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.) |
account accounting account statement | a statement of recent transactions and the resulting balance, they send me an accounting every month |
cost ledger | ledger showing the accumulated costs classified in various ways |
entry accounting entry ledger entry | a written record of a commercial transaction |
accounting accounting system method of accounting | a bookkeeper's chronological list of related debits and credits of a business, forms part of a ledger of accounts |
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 |
cost-efficient cost-effective | productive relative to the cost |
low-cost low-priced affordable | that you have the financial means for, low-cost housing |
at all costs at any cost at any expense | regardless of the cost involved, he wanted to save her life at all cost |