Methods and Procedures for Better Control Over Costs and Budgets

Dimitris N. Chorafas

Chapter 8 in Financial Models and Simulation, 1995, pp 152-173 from Palgrave Macmillan

Abstract: Abstract In Chapters 6 and 7 we spoke of fixed and variable costs, direct and indirect costs, short-term and long-term costs. It is the duty of management to control all of them, not after the fact but at the very beginning of an accounting period, starting with the forecasting and planning phase.

Keywords: Interest Rate; Variable Cost; Total Profit; Cost Center; Breakeven Point (search for similar items in EconPapers)
Date: 1995
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DOI: 10.1057/9780230374836_8

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