COST-TO-COST METHOD, in construction contracts, is an estimate of completion in which the state of completion is the ratio of costs incurred as of a given date divided by the estimated total project cost. See also PERCENTAGE OF COMPLETION METHOD OF ACCOUNTING.
STABLE UNIT OF VALUE see STABLE UNIT OF MEASURE.
COST EFFECTIVE is when a judgment is made that something is economical in terms of the goods or services received for the money spent.
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