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Sunday, September 13, 2009

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Definitions of cost accounting on the Web

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•keeping account of the costs of items in production
wordnetweb.princeton.edu/perl/webwn

•In management accounting, cost accounting establishes budget and actual cost of operations, processes, departments or product and the analysis of variances, profitability or social use of funds. ...
en.wikipedia.org/wiki/Cost_accounting

•a managerial accounting activity designed to help managers identify, measure and control operating costs.
www.prospects.ac.uk/cms/ShowPage/Home_page/Explore_job_sectors/Accountancy_and_business_services/jargon_buster/p!ejFimke

•a type of accounting that focuses on recording, defining, and reporting costs associated with specific operating functions
www.a-systems.net/accounting-terms.htm

•Procedures used for rationally classifying, recording, and allocating current or predicted costs that relate to a certain product or production ...
www.startheregoplaces.com/glossary/

•The discipline of estimating, tracking and controlling product and service costs. Accurate cost analysis helps provides the basis for make/buy decisions, market entry and exit, product and process changes, and many other measures and factors involved in organizational success.
www.bridgefieldgroup.com/bridgefieldgroup/glos2.htm

•Calculating the costs of production for a manufacturing business and prepared cost budgets, production planning and reports. - 5 misses
quizlet.com/191198/accounting-terms-definitions-flash-cards/

•The compilation, adaptation and reporting of cost data and information for managerial planning, control and decision-making purposes.
wps.pearsoned.co.uk/wps/media/objects/1065/1090612/glossary.html

•A method of accounting, which provides for assembling and recording of all elements of cost incurred to accomplish a purpose, to carry on an activity or operation, or to complete a unit of work or a specific job.
new.mynevadacounty.com/glossary/index.cfm
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