Cost management meaning in hindi

Cost management, conceptually at least, is fairly simple—set a budget and meet it.
The reality, however, is far from simple, as terminology, accounting policies, estimating, scope control and procurement all add complexity to the process.

Efficient record-keeping is another benefit of cost management.
It helps businesses perform effective financial accounting planning and develop budgets with an expenditure limit.
You can get an overview of a business' expenditures by assessing business or project costs.
This helps financial planners and managers create accurate budgets.

Cost for managerial decision making, Cost may be categorise (Hindi) Control and uncontrollable Cost, Normal and Abnormal Cost. (Hindi) Method of segrigating semivariable cost into fixed cost and variable cost (hindi) Method of segregation of fixed cost and variable cost (hindi) Cost Accounting, Management Accounting, Financial Accounting (Hindi) .

For a consumer cost means price.
For management cost means 'expenditure incurred' for producing a particular product or rendering a particular service.
The process of ascertaining the cost is known as costing.
It consists of principles and rules governing the procedure of finding out the costs of goods/ services.