cost accounting
noun
: the systematic recording and analysis of the costs of material, labor, and overhead incident to production
Examples of cost accounting in a Sentence
Recent Examples on the Web
One is cost accounting, which directly reflects the actual cost of each item.
—
CNBC,
19 Aug. 2025
Establishing this type of BOM clarity strengthens FP&A and management/cost accounting activities and facilitates the determination of repricing adjustments and larger supply chain risk management decisions.
—
Jim Deloach,
Forbes.com,
26 Mar. 2025
Moreover, historical cost accounting for securities holdings is inconsistent with transparency, which is central to effective bank supervision.
—
Robert Litan,
Fortune,
14 Apr. 2023
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CNBC,
19 Aug. 2025
Establishing this type of BOM clarity strengthens FP&A and management/cost accounting activities and facilitates the determination of repricing adjustments and larger supply chain risk management decisions.
—
Jim Deloach,
Forbes.com,
26 Mar. 2025
Moreover, historical cost accounting for securities holdings is inconsistent with transparency, which is central to effective bank supervision.
—
Robert Litan,
Fortune,
14 Apr. 2023
Cite this Entry
“Cost accounting.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/cost%20accounting. Accessed 4 Jul. 2026.
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