cost of control

cost of control
besturingskosten

English-Dutch technical dictionary. 2013.

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  • cost ledger control account — cost control account The control account that appears in the financial accounting ledger in an accounting system in which separate books are maintained for the financial and costing records. The balance on the cost ledger control account agrees… …   Accounting dictionary

  • control system — Means by which a set of variable quantities is held constant or caused to vary in a prescribed way. Control systems are intimately related to the concept of automation but have an ancient history. Roman engineers maintained water levels in… …   Universalium

  • cost control account — See: cost ledger control account …   Accounting dictionary

  • Cost of poor quality — (COPQ) or poor quality costs (PQC), are defined as costs that would disappear if systems, processes, and products were perfect. COPQ was popularized by IBM quality expert H. James Harrington in his 1987 book Poor Quality Costs.[1] COPQ is a… …   Wikipedia

  • Cost management — is the process whereby companies use cost accounting to report or control the various costs of doing business.The term cost management is widely used in business today. Unfortunately cost management has no uniform definition. Cost management… …   Wikipedia

  • cost control — ➔ control1 * * * cost control UK US noun [C or U] (also cost containment) ► ACCOUNTING the process of controlling how much a company or organization spends so that costs are not greater than an agreed budget, or a particular method that is used… …   Financial and business terms

  • cost containment — ˌcost conˈtainment noun [uncountable] ACCOUNTING when an organization keeps costs low, or within a limit that has been planned: • Despite intense cost containment efforts, corporate medical bills rose an average 21.6% last year. * * * cost… …   Financial and business terms

  • Cost–benefit analysis — (CBA), sometimes called benefit–cost analysis (BCA), is a systematic process for calculating and comparing benefits and costs of a project for two purposes: (1) to determine if it is a sound investment (justification/feasibility), (2) to see how… …   Wikipedia

  • Control premium — is an amount that a buyer is usually willing to pay over the current market price of a publicly traded company. Contrary to a widely held view, this premium is not justified by the expected synergies, such as the expected increase in cash flow… …   Wikipedia

  • Cost-effectiveness analysis — (CEA) is a form of economic analysis that compares the relative costs and outcomes (effects) of two or more courses of action. Cost effectiveness analysis is distinct from cost benefit analysis, which assigns a monetary value to the measure of… …   Wikipedia

  • Cost engineering — is an area of engineering practice concerned with the application of scientific principles and techniques to problems of cost estimating, cost control, business planning and management science, profitability analysis, project management, and… …   Wikipedia

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