cost accounting

NOUN

accounting of production costs

Synonyms

WEAK

cost system cost-accounting system costing managerial accounting

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Some programs used to evaluate their curricula on a three- or five-year cycle because foundational subjects like financial and cost accounting rarely changed.

From The Wall Street Journal • May 18, 2026

In many ways, true cost accounting is a modern and improved version of cost-benefit analysis, a method embedded in governmental decision-making in most advanced economies around the world.

From Salon • Feb. 28, 2024

This could hypothetically happen through public subsidies and stricter production standards linked to receipt of government funds, or a true cost accounting formula that took into account all the externalities of feed production.

From Salon • Jan. 8, 2023

If you need help determining the appropriate method for your industry, it’s advisable to consult a professional tax expert who understands the details associated with different cost accounting methods.

From Encyclopedia.com • Jun. 26, 2018

Simplified cost accounting system per case. © 10Nov43; AA445860.

From U.S. Copyright Renewals, 1971 July - December by Library of Congress. Copyright Office