cost control account


cost control account

Accounting dictionary. 2014.

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  • cost ledger control account — cost control account The control account that appears in the financial accounting ledger in an accounting system in which separate books are maintained for the financial and costing records. The balance on the cost ledger control account agrees… …   Accounting dictionary

  • Control — 50% of the outstanding votes plus one vote. The New York Times Financial Glossary * * * ▪ I. control con‧trol 1 [kənˈtrəʊl ǁ ˈtroʊl] noun 1. [countable] an action taken to make sure that something does not increase too much: • Devaluations were… …   Financial and business terms

  • control — 50% of the outstanding votes plus one vote. Bloomberg Financial Dictionary 1. For legal purposes, usually owning in excess of 50% of the voting rights of a company or having the right to appoint directors on the company s board with a majority of …   Financial and business terms

  • Cost contingency — When estimating the cost for a project, product or other item or investment, there is always uncertainty as to the precise content of all items in the estimate, how work will be performed, what work conditions will be like when the project is… …   Wikipedia

  • Cost–benefit analysis — (CBA), sometimes called benefit–cost analysis (BCA), is a systematic process for calculating and comparing benefits and costs of a project for two purposes: (1) to determine if it is a sound investment (justification/feasibility), (2) to see how… …   Wikipedia

  • Cost overrun — A cost overrun, also known as a cost increase or budget overrun, is an unexpected cost incurred in excess of a budgeted amount due to an under estimation of the actual cost during budgeting. Cost overrun should be distinguished from cost… …   Wikipedia

  • Cost of living in Namibia — The cost of living in Namibia is very high.[1] [2] Namibia imports about 50% of its cereal requirements. Many other items used in daily life also need to be imported. High transportation costs make prices very high. Monopoly in some business… …   Wikipedia

  • Control theory — For control theory in psychology and sociology, see control theory (sociology) and Perceptual Control Theory. The concept of the feedback loop to control the dynamic behavior of the system: this is negative feedback, because the sensed value is… …   Wikipedia

  • cost–benefit analysis — ▪ economics       in governmental planning and budgeting, the attempt to measure the social benefits of a proposed project in monetary terms and compare them with its costs. The procedure, which is equivalent to the business practice of cost… …   Universalium

  • Cost of electricity by source — The cost of electricity generated by different sources measures the cost of generating electricity including initial capital, return on investment, as well as the costs of continuous operation, fuel, and maintenance. The price is normally… …   Wikipedia