process cost
61Cost Per Click - CPC — A website that uses CPCs would bill by the number of times a visitor clicks on a banner instead of by the number of impressions. Cost per click is often used when advertisers have a set daily budget. When the advertiser s budget is hit, the ad is …
62Cost-Benefit Analysis — A process by which business decisions are analyzed. The benefits of a given situation or business related action are summed and then the costs associated with taking that action are subtracted. Some consultants or analysts also build the model to …
63cost–benefit — adjective relating to or denoting a process that assesses the relation between the cost of an undertaking and the value of the resulting benefits: a cost–benefit analysis …
64cost ascertainment — The process of determining the costs of the operations, processes, cost centres, and cost units within an organization …
65cost tracing — The process of assigning direct costs to the relevant cost objects. Compare: cost allocation …
66cost tracing — The process of assigning direct costs to the relevant cost objects Compare cost allocation …
67cost driver — An activity or factor with a *quantifiable relation to costs incurred in the achievement of an organization’s objectives. For example, the number of hours for which a production machine operates may be related to production costs in a… …
68cost-cutting — / kɒst ˌkʌtɪŋ/ adjective intended to reduce costs ● We have taken out the second telephone line as a cost cutting exercise. ■ noun the process of reducing costs ● As a result of cost cutting, we have had to make three secretaries redundant …
69cost accounting — noun keeping account of the costs of items in production • Hypernyms: ↑accountancy, ↑accounting • Hyponyms: ↑costing * * * noun [noncount] business : a system of recording and studying how much money a company spends * * * ˈcost accounting f46 [ …
70cost accumulation — The process of collecting costs as a product progresses through the production system, enabling the total cost of manufacture to be built up in a sequential fashion …
