ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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COST is the amount of money that must be paid to take ownership of something; expense or purchase price.
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COST CONTROL is the process of controlling the cost of a project within a predetermined sum throughout its various stages from inception to completion.
ASSET APPROACH is a general way of determining a value indication of a business, business ownership interest, or security by using one or more methods based on the value of the assets of that business net of liabilities.