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Costs / Cost accounting

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IGC-DEFINITION (abbreviated)

Costs / Cost accounting
Costs are the value-based consumption of goods and services for the production of output. The valuation standards depend on the requirements of the management (decision accounting and responsibility accounting).

from: IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.)


Source

IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.), 4. Auflage, Schäffer-Poeschel, Stuttgart, 2010

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