Cost management
Revision as of 11:44, 10 July 2020 by QiratH (talk | contribs) (Created page with "Cost management is the approaches and activities of managers to use resources to increase value to customers and to achieve organizational goals. ==Definitions== Accordin...")
Cost management is the approaches and activities of managers to use resources to increase value to customers and to achieve organizational goals.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Cost management. The approaches and activities of managers to use resources to increase value to customers and to achieve organizational goals.