Discretionary costs
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Discretionary costs is arise from periodic (usually annual) decisions regarding the maximum amount to be incurred and have no measurable cause-and-effect relationship between output and resources used.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Discretionary costs. Arise from periodic (usually annual) decisions regarding the maximum amount to be incurred and have no measurable cause-and-effect relationship between output and resources used.
