Irrelevant Cost — A managerial accounting term that represents a cost, either positive or negative, that does not relate to a situation requiring management s decision. As with relevant costs, irrelevant costs may be irrelevant for some situations but relevant for … Investment dictionary
Cost-plus pricing — is a pricing method used by companies to maximize their profits. The firms accomplish their objective of profit maximization by increasing their production until marginal revenue equals marginal cost, and then charging a price which is determined … Wikipedia
cost — The opposite of revenue. An expense that reflects the price of purchasing goods, services and financial instruments. A cash cost means that cash is given up today to the purchase. Also, the purchase price of an investment, which is compared to… … Financial and business terms
Cost basis — Part of a series on Taxation Taxation in the United States … Wikipedia
relevant cost — An expected future cost that varies with alternative courses of action. Decision making involves choosing between such alternatives and to make the best choice a manager needs to identify the future cash flows for each decision. Costs that have… … Accounting dictionary
Weighted average cost of capital — The weighted average cost of capital (WACC) is the rate that a company is expected to pay to finance its assets. WACC is the minimum return that a company must earn on existing asset base to satisfy its creditors, owners, and other providers of… … Wikipedia
Generalised cost — In transport economics, the generalised cost is the sum of the monetary and non monetary costs of a journey.Monetary (or out of pocket ) costs might include a fare on a public transport journey, or the costs of fuel, wear and tear and any parking … Wikipedia
The Problem of Social Cost — is an article published by Ronald Coase in 1960 in the Journal of Law and Economics about economic problem of externalities. It draws from a number of English legal cases and statutes to illustrate Coase s belief that legal rules are only… … Wikipedia
Sunk Cost — Sunk costs (deutsch: versunkene Kosten), oft auch als irreversible Kosten bezeichnet, sind betriebswirtschaftliche Kosten, die bereits in der Vergangenheit entstanden sind, d. h. bereits zu Auszahlungen geführt haben oder deren gegenwärtiges oder … Deutsch Wikipedia
Sunk cost — Sunk costs (deutsch: versunkene Kosten), oft auch als irreversible Kosten bezeichnet, sind betriebswirtschaftliche Kosten, die bereits in der Vergangenheit entstanden sind, d. h. bereits zu Auszahlungen geführt haben oder deren gegenwärtiges oder … Deutsch Wikipedia
relevant cost — An expected future cost that varies with alternative courses of action. Decision making involves choosing between such alternatives and to make the best choice a manager needs to identify the future cash flows for each decision. Costs that have… … Big dictionary of business and management