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Cost-To-Cost Method

 
Accounting Dictionary: Cost-To-Cost Method
 

In construction contracts, an estimate of completion in which the state of completion is the ratio of costs incurred as of a given date divided by the estimated total project cost. See also Percentage of Completion Method.

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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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