Important definitions and terminologies used in Cost Accountancy
A
- Absorption Costing in Cost Accountancy
- Absorption Costing in Cost Accountancy
- Absorption Costing Income Statement in Cost Accountancy
- Absorption Costing Method in Cost Accountancy
- Activity Analysis in Cost Accountancy
- Activity Based Costing in Cost Accountancy
- Activity Driver in Cost Accountancy
- Activity in Cost Accountancy
- Activity in Cost Accountancy
- Activity-Based Costing (ABC) in Cost Accountancy
- Activity-Based Management (ABM) in Cost Accountancy
- Actual Cost in Cost Accountancy
- Actual Cost in Cost Accountancy
- Actual Costing in Cost Accountancy
- Actual vs Budgeted Variance in Cost Accountancy
- addition to activity in Cost Accountancy
- Allocation Base in Cost Accountancy
- Allocation in Cost Accountancy
- Allowance for Bad Debts in Cost Accountancy
- Applied Overhead in Cost Accountancy
- Apportionment in Cost Accountancy
- Average Costing in Cost Accountancy
- Average Fixed Cost in Cost Accountancy
- Average Variable Cost in Cost Accountancy
- Average-Cost Method in Cost Accountancy
- Avoidable Cost in Cost Accountancy
B
- Backflush Costing in Cost Accountancy
- Balanced Scorecard Approach in Cost Accountancy
- Balanced Scorecard in Cost Accountancy
- Bank Reconciliation Statement in Cost Accountancy
- Batch Costing in Cost Accountancy
- Batch Costing in Cost Accountancy
- Batch-Level Cost in Cost Accountancy
- Benchmarking in Cost Accountancy
- Best Practices in Cost Accountancy
- Bill of Materials (BOM) in Cost Accountancy
- Break Even Points in Cost Accountancy
- Break-Even Analysis in Cost Accountancy
- Break-Even Analysis in Cost Accountancy
- Break-Even Point (BEP) in Cost Accountancy
- Budget in Cost Accountancy
- Budget in Cost Accountancy
- Budgetary Control in Cost Accountancy
- Budgetary Control in Cost Accountancy
- Budgeted Cost in Cost Accountancy
- Budgeted Income Statement in Cost Accountancy
- Budgeted Production in Cost Accountancy
- Budgeting in Cost Accountancy
- Business Process Reengineering in Cost Accountancy
C
- Capacity Cost in Cost Accountancy
- Capacity Utilization Rate in Cost Accountancy
- Capital Budgeting in Cost Accountancy
- Capital Expenditure in Cost Accountancy
- Carrying Cost in Cost Accountancy
- Cash Budget in Cost Accountancy
- Cash Conversion Cycle in Cost Accountancy
- Cash Discount in Cost Accountancy
- Cash Flow Statement in Cost Accountancy
- Certainly, here are a few more terms for a glossary on cost accountancy: in Cost Accountancy
- Certainly, here are a few more terms for a glossary on cost accountancy: in Cost Accountancy
- ChatGPT in Cost Accountancy
- ChatGPT in Cost Accountancy
- ChatGPT in Cost Accountancy
- COGS Formula in Cost Accountancy
- Common Cost in Cost Accountancy
- Common Data Source in Cost Accountancy
- Composite Break Even Point in Cost Accountancy
- Contract Costing in Cost Accountancy
- Contribution in Cost Accountancy
- Contribution Margin in Cost Accountancy
- Contribution Margin Ratio in Cost Accountancy
- Controllable Cost in Cost Accountancy
- Controllable vs Uncontrollable Costs in Cost Accountancy
- Conversion Cost in Cost Accountancy
- Conversion Cost per Unit in Cost Accountancy
- Cost Accounting in Cost Accountancy
- Cost Accounting Standards (CAS) in Cost Accountancy
- Cost Accumulation in Cost Accountancy
- Cost Allocation Base in Cost Accountancy
- Cost Allocation in Cost Accountancy
- Cost Assignment in Cost Accountancy
- Cost Audit in Cost Accountancy
- Cost Behavior Analysis in Cost Accountancy
- Cost Behavior Classification in Cost Accountancy
- Cost Behavior in Cost Accountancy
- Cost Center in Cost Accountancy
- Cost Driver in Cost Accountancy
- Cost Driver in Cost Accountancy
- Cost Driver Rate in Cost Accountancy
- Cost Element in Cost Accountancy
- Cost Estimation in Cost Accountancy
- Cost Finding in Cost Accountancy
- Cost in Cost Accountancy
- Cost Object (or Cost Objective) in Cost Accountancy
- Cost Object Hierarchy in Cost Accountancy
- Cost Object in Cost Accountancy
- Cost of Goods Sold (COGS) in Cost Accountancy
- Cost of Production in Cost Accountancy
- Cost Per Equivalent Unit in Cost Accountancy
- Cost Pool in Cost Accountancy
- Cost Pooling in Cost Accountancy
- Cost Records in Cost Accountancy
- Cost Sheet in Cost Accountancy
- Cost Unit in Cost Accountancy
- Cost Variance in Cost Accountancy
- Cost-Plus Pricing in Cost Accountancy
- Cost-Volume Profit Analysis in Cost Accountancy
- Cost-Volume-Profit (CVP) Analysis in Cost Accountancy
- Costing Method in Cost Accountancy
- Costing System in Cost Accountancy
- Costing System in Cost Accountancy
- Cross-Subsidization in Cost Accountancy
D
- Days Sales Outstanding (DSO) in Cost Accountancy
- Depreciation in Cost Accountancy
- Differential Cost in Cost Accountancy
- Direct Cost in Cost Accountancy
- Direct Cost in Cost Accountancy
- Direct Costing in Cost Accountancy
- Direct Costs of Goods Sold in Cost Accountancy
- Direct Expenses and Overheads in Cost Accountancy
- Direct Fixed Cost in Cost Accountancy
- Direct Labor Cost in Cost Accountancy
- Direct Manufacturing Labor in Cost Accountancy
- Direct Material Cost in Cost Accountancy
- Direct Materials in Cost Accountancy
- Direct Materials Price Variance in Cost Accountancy
- Direct Materials Usage Variance in Cost Accountancy
- Direct Method of Cost Allocation in Cost Accountancy
- Direct Variable Cost in Cost Accountancy
- Direct vs Indirect Costs in Cost Accountancy
- Direct Write-Off Method in Cost Accountancy
- Discounted Cash Flow (DCF) in Cost Accountancy
- Dividend Discount Model (DDM) in Cost Accountancy
E
- Economic Order Quantity (EOQ) in Cost Accountancy
- Economic Order Quantity (EOQ) Model in Cost Accountancy
- Economic Value Added (EVA) in Cost Accountancy
- Electronic Data Interchange (EDI) in Cost Accountancy
- Enterprise Resource Planning (ERP) in Cost Accountancy
- Equivalent Production in Cost Accountancy
- Equivalent Units in Cost Accountancy
- Estimated Cost in Cost Accountancy
- Ethical Accounting Practices in Cost Accountancy
- Expense in Cost Accountancy
- Expense in Cost Accountancy
F
- few more please in Cost Accountancy
- FIFO (First-In-First-Out) in Cost Accountancy
- FIFO vs LIFO in Cost Accountancy
- Financial Accounting Standards Board (FASB) in Cost Accountancy
- Financial Ratios in Cost Accountancy
- Financial Statements in Cost Accountancy
- Finished Goods Inventory in Cost Accountancy
- Fixed Cost in Cost Accountancy
- Fixed Cost in Cost Accountancy
- Fixed Manufacturing Overhead in Cost Accountancy
- Fixed Overhead in Cost Accountancy
- Fixed Overhead Variance in Cost Accountancy
- Fixed vs Variable Costs in Cost Accountancy
- Flexible Budget in Cost Accountancy
- Flexible Budget Variance in Cost Accountancy
- Forecast in Cost Accountancy
- Full Absorption Costing in Cost Accountancy
- Full Cost in Cost Accountancy
- Full Costing in Cost Accountancy
- Full in Cost Accountancy
G
- Gross Margin in Cost Accountancy
- Gross Profit in Cost Accountancy
- Gross Profit Margin in Cost Accountancy
- Gross Profit Method in Cost Accountancy
- Gross vs Net Income in Cost Accountancy
I
- Idle Capacity Cost in Cost Accountancy
- Idle Time in Cost Accountancy
- Idle Time in Cost Accountancy
- Incremental Analysis in Cost Accountancy
- Incremental Cost in Cost Accountancy
- Incremental Cost in Cost Accountancy
- Indirect Cost Allocation in Cost Accountancy
- Indirect Cost in Cost Accountancy
- Indirect Cost in Cost Accountancy
- Indirect Fixed Cost in Cost Accountancy
- Indirect Labor in Cost Accountancy
- Indirect Materials in Cost Accountancy
- Indirect Method of Cost Allocation in Cost Accountancy
- Intangible Asset in Cost Accountancy
- Inter in Cost Accountancy
- Internal Rate of Return (IRR) in Cost Accountancy
- Inventory Accounting in Cost Accountancy
J
- Job Cost Sheet in Cost Accountancy
- Job Costing in Cost Accountancy
- Job Costing in Cost Accountancy
- Job Order Costing in Cost Accountancy
- Joint Cost Allocation in Cost Accountancy
- Joint Cost in Cost Accountancy
- Joint Products in Cost Accountancy
- Journal Entries in Cost Accountancy
K
- Kaizen Costing in Cost Accountancy
L
- Labor Efficiency Variance in Cost Accountancy
- Labor Rate Variance in Cost Accountancy
- Labour Cost in Cost Accountancy
- Labour Remuneration System in Cost Accountancy
- Labour Turnover in Cost Accountancy
- Last-In-First-Out (LIFO) in Cost Accountancy
- Lean Accounting in Cost Accountancy
- Life Cycle Cost Analysis in Cost Accountancy
- Life Cycle Costing in Cost Accountancy
- LIFO Reserve in Cost Accountancy
M
- Make-or-Buy Analysis in Cost Accountancy
- Make-or-Buy Decision in Cost Accountancy
- Managerial Cost Accounting System in Cost Accountancy
- Manufacturing Cycle Efficiency (MCE) in Cost Accountancy
- Manufacturing Overhead in Cost Accountancy
- Manufacturing Overhead Rate in Cost Accountancy
- Manufacturing Resource Planning (MRP II) in Cost Accountancy
- Margin of Safety in Cost Accountancy
- Marginal Cost Equation in Cost Accountancy
- Marginal Cost in Cost Accountancy
- Marginal Costing in Cost Accountancy
- Marginal Costing in Cost Accountancy
- Marginal Costing vs Absorption Costing in Cost Accountancy
- Markup Percentage in Cost Accountancy
- Material Cost in Cost Accountancy
- Material Cost Variances in Cost Accountancy
- Material Efficiency Variance in Cost Accountancy
- Material Handling Costs in Cost Accountancy
- Material Ledger in Cost Accountancy
- Material Mix Variance in Cost Accountancy
- Material Price Variance in Cost Accountancy
- Material Requisition in Cost Accountancy
- Material Usage Variance in Cost Accountancy
- Materials Price Variance in Cost Accountancy
- Materials Quantity Variance in Cost Accountancy
- Materials Yield Variance in Cost Accountancy
- Mixed Cost in Cost Accountancy
- Mixed Cost vs Step Cost in Cost Accountancy
- Mixed Costing Method in Cost Accountancy
- more terms please in Cost Accountancy
- more terms please in Cost Accountancy
N
- Net Present Value (NPV) in Cost Accountancy
- Non-Integrated Accounting System in Cost Accountancy
- Non-Value-Added Cost in Cost Accountancy
O
- Operating Budget in Cost Accountancy
- Operating Budget Variance in Cost Accountancy
- Operating Cost in Cost Accountancy
- Operating Income Formula in Cost Accountancy
- Operating Income in Cost Accountancy
- Operating Income Margin in Cost Accountancy
- Operating Leverage in Cost Accountancy
- Opportunity Cost in Cost Accountancy
- Opportunity Cost in Cost Accountancy
- Opportunity Cost in Cost Accountancy
- Opportunity Cost of Capital in Cost Accountancy
- Opportunity Costs in Cost Accountancy
- Outcome in Cost Accountancy
- Outputs in Cost Accountancy
- Overhead Absorption Rate in Cost Accountancy
- Overhead Cost in Cost Accountancy
- Overhead Cost Variances in Cost Accountancy
- Overtime in Cost Accountancy
P
- Payback Period in Cost Accountancy
- Performance Measurement in Cost Accountancy
- Performance Measurement in Cost Accountancy
- Period Cost in Cost Accountancy
- Periodic Inventory System in Cost Accountancy
- Perpetual vs Periodic Inventory Systems in Cost Accountancy
- Plantwide Overhead Rate in Cost Accountancy
- Post-Closing Trial Balance in Cost Accountancy
- Predetermined Overhead Rate in Cost Accountancy
- Predetermined Overhead Rate in Cost Accountancy
- Price Variance in Cost Accountancy
- Prime Cost in Cost Accountancy
- Process Costing in Cost Accountancy
- Process Costing in Cost Accountancy
- Process Costing in Cost Accountancy
- Process Costing vs Job Costing in Cost Accountancy
- Process in Cost Accountancy
- Process Map in Cost Accountancy
- Process Mapping in Cost Accountancy
- Process Time in Cost Accountancy
- Process Value Analysis in Cost Accountancy
- Product Cost in Cost Accountancy
- Product in Cost Accountancy
- Production Budget in Cost Accountancy
- Production Volume Variance in Cost Accountancy
- Profit and Loss Statement in Cost Accountancy
- Profit Margin Formula in Cost Accountancy
- Profit-Volume Ratio in Cost Accountancy
- Profitability Analysis in Cost Accountancy
- Profitability Index (PI) in Cost Accountancy
- Project Budget in Cost Accountancy
Q
- Quality Costs in Cost Accountancy
R
- Rate of Return in Cost Accountancy
- Ratio Analysis in Cost Accountancy
- Raw Material Inventory in Cost Accountancy
- Raw Materials in Cost Accountancy
- Relevant Cost in Cost Accountancy
- Relevant Range in Cost Accountancy
- Remuneration System in Cost Accountancy
- Residual Income in Cost Accountancy
- Residual Value in Cost Accountancy
- Responsibility Center in Cost Accountancy
- Responsibility Segment in Cost Accountancy
- Return on Investment (ROI) Formula in Cost Accountancy
- Return on Investment (ROI) in Cost Accountancy
- Revenue vs Profit in Cost Accountancy
S
- Sales Budget in Cost Accountancy
- Sales Mix Variance in Cost Accountancy
- Sales Volume Variance in Cost Accountancy
- Selling and Administrative Costs in Cost Accountancy
- Selling, General, and Administrative Expenses (SG&A) in Cost Accountancy
- Semi-Variable Cost in Cost Accountancy
- Sensitivity Analysis in Cost Accountancy
- Service Costing in Cost Accountancy
- Service in Cost Accountancy
- Single/Output/Unit Costing in Cost Accountancy
- Standard Cost in Cost Accountancy
- Standard Cost Variance in Cost Accountancy
- Standard Costing in Cost Accountancy
- Standard Costing in Cost Accountancy
- Standard costing in Cost Accountancy
- Standard Costing System in Cost Accountancy
- Standard Costing System vs Actual Costing System in Cost Accountancy
- Step Cost in Cost Accountancy
- Strategic Cost Analysis in Cost Accountancy
- Strategic Cost Management in Cost Accountancy
- Subcontracting in Cost Accountancy
- Subcontractor vs Outsourcing in Cost Accountancy
- Sunk Cost in Cost Accountancy
- Support Costs in Cost Accountancy
T
- Target Costing in Cost Accountancy
- Target Costing vs Cost-Plus Pricing in Cost Accountancy
- Throughput in Cost Accountancy
- Time Recording in Cost Accountancy
- Time-Driven ABC vs Traditional ABC in Cost Accountancy
- Time-Driven Activity-Based Costing (TDABC) in Cost Accountancy
- Time-Keeping in Cost Accountancy
- Total Cost of Ownership (TCO) in Cost Accountancy
- Total Cost of Quality (TCQ) in Cost Accountancy
- Total Quality Management (TQM) in Cost Accountancy
- Traceability in Cost Accountancy
- Trade Discount in Cost Accountancy
U
- Unallocated Overhead in Cost Accountancy
- Uncontrollable Cost in Cost Accountancy
- Unfavorable Variance Formula in Cost Accountancy
- Unfavorable Variance in Cost Accountancy
- Unit Cost Formula in Cost Accountancy
- Unit Cost in Cost Accountancy
- Unit Cost in Cost Accountancy
- Unit-Level Cost in Cost Accountancy
- Units of Production Depreciation in Cost Accountancy
- User in Cost Accountancy
- User in Cost Accountancy
- User in Cost Accountancy
V
- Value Analysis in Cost Accountancy
- Value Chain in Cost Accountancy
- Value Engineering in Cost Accountancy
- Value in Cost Accountancy
- Value-Added Costing in Cost Accountancy
- Variable Cost in Cost Accountancy
- Variable Cost in Cost Accountancy
- Variable Costing Income Statement in Cost Accountancy
- Variable Costing vs Absorption Costing in Cost Accountancy
- Variable Overhead in Cost Accountancy
- Variable Overhead Variance in Cost Accountancy
- Variance Analysis in Cost Accountancy
- Variance Analysis in Cost Accountancy
- Variance Analysis in Cost Accountancy
- Variance Analysis Report in Cost Accountancy
- Variance from Standard in Cost Accountancy
- Variance in Cost Accountancy
- Variance in Cost Accountancy
- Vertical Integration in Cost Accountancy
- Volume Variance in Cost Accountancy
W
- Weighted Average Cost of Capital (WACC) in Cost Accountancy
- Weighted Average Method in Cost Accountancy
- Work-in-Process Inventory Formula in Cost Accountancy
- Work-in-Process Inventory in Cost Accountancy
Z
- Zero Base Budgeting in Cost Accountancy