CONTROLLABILITY, COST Definition

Bookmark and Share

CONTROLLABILITY, COST is the financial policy of controlling, limiting or curbing the cost of materials, labor, and overhead.

Learn new Accounting Terms

COST UNIT is a functional cost unit which establishes standard cost per workload element of activity, based on calculated activity ratios converted to cost ratios.

IMMOVABLE is a. not able to be moved or changed; or, b. assets consisting of land, buildings, or other permanent items.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.