Cost management easy definition

  • Techniques of cost control

    budgetary control. budgeting. management control. “In a terse statement on the subject, Alcatel said the redundancies were part of its cost management initiatives.”.

  • Techniques of cost control

    Cost accounting is a managerial accounting process that involves recording, analyzing, and reporting a company's costs.
    Cost accounting is an internal process used only by a company to identify ways to reduce spending..


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