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Budgeting is the one of the main tool to control the cost?

4. "Budgeting is the one of the main tool to control the cost" - Give your view.


What is cost management system?

Cost Management System (CMS)Cost and management accounting, control, and reporting system that identifies, monitors, and maintains continuous, detailed analyses of a company's activities and provides managers with timely measures of operating results. For the source and more detailed information concerning your request, click on the related links section (Answers.com) indicated below this answer box.Cost Management System (CMS)Cost and management accounting, control, and reporting system that identifies, monitors, and maintains continuous, detailed analyses of a company's activities and provides managers with timely measures of operating results. For the source and more detailed information concerning your request, click on the related links section (Answers.com) indicated below this answer box.Cost Management System (CMS)Cost and management accounting, control, and reporting system that identifies, monitors, and maintains continuous, detailed analyses of a company's activities and provides managers with timely measures of operating results. For the source and more detailed information concerning your request, click on the related links section (Answers.com) indicated below this answer box.Cost Management System (CMS)Cost and management accounting, control, and reporting system that identifies, monitors, and maintains continuous, detailed analyses of a company's activities and provides managers with timely measures of operating results. For the source and more detailed information concerning your request, click on the related links section (Answers.com) indicated below this answer box.Cost Management System (CMS)Cost and management accounting, control, and reporting system that identifies, monitors, and maintains continuous, detailed analyses of a company's activities and provides managers with timely measures of operating results. For the source and more detailed information concerning your request, click on the related links section (Answers.com) indicated below this answer box.Cost Management System (CMS)Cost and management accounting, control, and reporting system that identifies, monitors, and maintains continuous, detailed analyses of a company's activities and provides managers with timely measures of operating results. For the source and more detailed information concerning your request, click on the related links section (Answers.com) indicated below this answer box.


What are the function of a finance department?

The main functions of the finance department are to put in place an effective financial cost effective control system including trimming wasteful expenditure, centralized accounting system, and help in boosting production output of the company.


What are the objectives of cost control in an organization?

I don't cares


Why to control cost and budget?

It is important to control cost and budget that a business is able to stay open and profitable over a length of time. Keeping costs down and profits high is essential for the longevity of a business.

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An Access Control Security System will cost as low as ninety-nine dollars at ADT. If you would want a Access Control Security System you can call 800-204-3646.


What is cost accounting and its nature and scope?

Cost accounting is the internal reporting system. It includes cost recording and reporting and cost measurement or estimation. In addition, it includes cost planning, cost control, and cost analysis.


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local control, cost reduction and less corruption.


What are the elements of a control system?

stimulus, receptor, afferent pathway, control center, efferent pathway, effector, response


What are the objective of a management control system?

profit centre is responsible for a) cost incurred b) total investment c) revenues earned and cost incurred


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If the sensor is dead, it's about $200-300.


Define wages control account?

Wages control account is an account used in a management or cost accounting system, to record both direct and indirect labour cost. Using the traditional T accounts, it obviously has two sides; debit and credit. Direct labour cost are creditted to the wages control account and has its corresponding entry in the work in progress control account(debitted). Indirect labour cost will also be creditted in the wages control account and the corresponding entry in the production overhead control account.


What are the advantages of using a pneumatic thermostat in a commercial HVAC system?

The advantages of using a pneumatic thermostat in a commercial HVAC system include precise temperature control, reliability, cost-effectiveness, and compatibility with existing pneumatic control systems.


How can you tell how powerful a computer is?

the cost of it.. lolz


What are the major objectives of a cost accounting system in a manufacturing company?

A) To determine unit manufacturing costs and B) to provide managers with useful information for planning and cost control functions