Measurement of past costs for the purpose of predicting future costs for decision-making purposes. For example, a Cost Volume Formula (such as y = $300 + $5x) can be used to estimate a cost item y for any given value of volume x. See also Cost Prediction.
Cost Estimation
Did you mean: Cost Estimation (in accounting), Cost engineering
| Accounting Dictionary: Cost Estimation |
| 5min Related Video: cost estimation |
Did you mean: Cost Estimation (in accounting), Cost engineering
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 | cost engineering (industrial engineering) |
| Capital Calls |
| Cost Prediction (in accounting) |
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 | Accounting Dictionary. Dictionary of Accounting Terms. Copyright © 2005 by Barron's Educational Series, Inc. All rights reserved. Read more |
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- cost engineering (industrial engineering)
- Capital Calls
- Cost Prediction (in accounting)
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