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

By creating transparency, true cost accounting can help shift money away from harmful food production systems and toward alternatives that protect resources and rural communities.

From Salon • Feb. 28, 2024

True cost accounting seeks to make those externalities visible.

From Salon • Feb. 28, 2024

Once you have that completed, you will apply your preferred cost accounting method to those classifications.

From Encyclopedia.com • Jun. 26, 2018

For instance, after the subject of cost accounts has been discussed, a Problem is given in which a knowledge of cost accounting principles is called for.

From Forging Ahead in Business by Various