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What is Cost

Encyclopedia of Organizational Knowledge, Administration, and Technology
The money form of all material and labor expenses made by the company to produce and market material goods, execution works and service works.
Published in Chapter:
Managerial Accounting and Organizational Performance: Evidence From Romanian Healthcare Companies
Ionica Holban (European Academy of the Regions, Belgium), Sorinel Căpuşneanu (Dimitrie Cantemir Christian University of Bucharest, Romania), Dan Ioan Topor (1 Decembrie 1918 University, Romania), Vasile Burja (1 Decembrie 1918 University, Romania), and Loredana Elena Comănescu (Valahia University, Romania)
DOI: 10.4018/978-1-7998-3473-1.ch001
Abstract
This chapter takes a fresh look at empirical studies that have tried to demonstrate the connection between management accounting change and organizational performance in health system. A qualitative research design was adopted involving the use of a mailed survey to collect data from June 2017 to December 2017 in Romanian healthcare companies. The results of the present study suggest that the successful management of change is important for the survival and success of any organization in today's private health environment, which is extremely competitive and evolving continually. Finally, our findings are relevant for the transformation of managerial accounting from a passive state to an active one in producing and implementing change.
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Proactive Information Security Strategy for a Secure Business Environment
The money form of all material and labor expenses made by the company to produce and market material goods, execution works and service works.
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A Review of the Main Options of Tools for Optimizing Operations (in Companies, Manufacturing, and Supply Chains)
Dispensing or payment in cash, other assets, in equities or services that increase their value in inventories Accounting Dictionary (2002) AU30: The in-text citation "Accounting Dictionary (2002)" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. .
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Green Finance for Sustainable Global Growth: Costs and Benefits of Green Buildings Compared With Conventional Buildings
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Some Economics of Conservation of Cultural Heritage: The Key Questions
An amount that has to be paid or given up in order to get something. In business, cost can include a monetary valuation of effort, material, resources, time and utilities consumed, risks incurred, and opportunity forgone in production and delivery of a good or service.
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The Informational Value of the Profit and Loss Account in Line With International Accounting Standards
The money form of all material and labor expenses made by the company to produce and market material goods, execution works, and service works.
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Benchmarking: A Method to Improve the Entity's Performance and Change Process
the money form of all material and labor expenses made by the company to produce and market material goods, execution works and service works.
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Mutual Value in Business Relationships
The degree to which some organizational asset deteriorates.
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Ethics in Accounting and Finance: Actual Issues and Controversies
The money form of all material and labor expenses made by the company to produce and market material goods, execution works, and service works.
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An Overview of Diversities in the Use of the Profit and Loss Statement
The money form of all material and labor expenses made by the company to produce and market material goods, execution works and service works.
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Tax Advice: An Essential Element in the Success of an E-Business
The money form of all material and labor expenses made by the company to produce and market material goods, execution works and service works.
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Cost and Cost Politics in Airport Takeovers: Two Cases From North Carolina
Anything that requires the resources of an organization. Cost in this context refer to both the direct operation costs and also the overhead costs that are associated with managing an airport.
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Routing Algorithms for Mobile Ad Hoc Networks
A value of energy needed by a node to route data.
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