Building Models to Control Costs

Dimitris N. Chorafas

Chapter 7 in Financial Models and Simulation, 1995, pp 132-151 from Palgrave Macmillan

Abstract: Abstract Chapter 6 has explained why the control of costs is so important, a fact easily dramatized through the disappearance of companies unable or unwilling to control their costs. No matter their exact nature or to which category they belong, the notion of costs both precedes and underpins any budgetary process. All expenditures should be subjected to rigorous analysis, answering the questions: What? How Much? and Why?

Keywords: Indirect Cost; Building Model; Balance Sheet; Control Cost; Financial Analyst (search for similar items in EconPapers)
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37483-6_7

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DOI: 10.1057/9780230374836_7

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