Cost Finding
2 definitions

Cost Finding

Cost finding techniques produce cost data by analytical or sampling methods. Cost finding techniques are appropriate for certain kinds of costs, such as indirect costs, items with costs below set thresholds within programs, or for some programs in their entirety. Cost finding techniques support the overall managerial cost accounting process and can represent non-recurring analysis of specific costs.

Cost Finding

Procedures designed to accomplish a result approximating the results of a formal cost accounting system.

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About this term

Cost Finding has been defined 2 different ways in documents like Glossary of Cost Accounting Terms, DoD Financial Management Regulation Glossary.

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