answersLogoWhite

0


Best Answer

Cost management is the process of planning and controlling the budget of a business. Cost management is a form of management accounting that allows a business to predict impending expenditures to help reduce the chance of going over budget.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the objectives of cost management?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is primary objective of cost management?

explain the primary objectives of cost management ?


What are the 3 prime objectives of project management?

scope, cost, time


Objectives of management reporting?

objectives or purpose of management reporting


Narrate the objectives and elements of productions and operations management?

define the operational Management and objectives and importance of operational Management ?


Discuss the concept of management objectives?

Management objectives refer to setting goals. This is a process in which management and employees set objectives, understand, and agree on their role in meeting that objective.


What is the purpose of management by objectives?

simplify the jobs of middle management by providing them with predetermined goals and objectives.


Incident Action Plans IAPs depend on to accomplish response?

Management by objectives.


What are the advantages of Management by Objectives?

There are so many advantages of management by objective. This enhances efficiency in that management focuses on the objectives that have been set.


What are advantages of management by objectives?

There are so many advantages of management by objective. This enhances efficiency in that management focuses on the objectives that have been set.


How does objectives of cash management differ from goals of cash of management?

A goal is to accomplish the objectives. They are co-dependent.


What are the approaches to corporate management?

There are many approaches to corporate management including management by objectives. The management style chosen depends on how the executive management team chooses to meet their strategic objectives.


What are the objectives of receivables management?

as