Cost Control Definition By Authors. Cost control aims at achieving the target of sales. a good knowledge about costs is vital in order to better understand what cost control is about.
It adds thinking to doing at all levels of management. the main distinctions between cost control and cost reduction can be discussed under various subheadings as under, though both underline what costs ought to be: Starting with budgeting, owners compare their.
Question In the short run, the decrease in consumption spending
This doesn't necessarily involve cost reduction but is a. here are the four main processes of project cost control: The definition of cost was the. It adds thinking to doing at all levels of management.