discretionary cost

An alternative term for *controllable cost.

Auditor's dictionary. 2014.

Look at other dictionaries:

  • discretionary cost — Fin a cost whose amount within a time period is determined by, and is easily altered by, a decision made by the appropriate budget holder. Marketing, research, and training are generally regarded as discretionary costs. Control of discretionary… …   The ultimate business dictionary

  • Discretionary review — is the authority of appellate courts to decide which appeals they will consider from among the cases submitted to them. This offers the judiciary a filter on what types of cases are appealed, because judges have to consider in advance which cases …   Wikipedia

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  • cost — The opposite of revenue. An expense that reflects the price of purchasing goods, services and financial instruments. A cash cost means that cash is given up today to the purchase. Also, the purchase price of an investment, which is compared to… …   Financial and business terms

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  • relevant cost — A *cost that has a bearing on a decision making process or that is affected by a decision making process. See also *avoidable cost, *controllable cost, and *discretionary cost …   Auditor's dictionary

  • controllable cost — An expense that is incurred at the discretion of an organization’s managers. The performance of individuals is often appraised, in part, in relation to efficient use of controllable costs. Most costs in this category are *variable, but some… …   Auditor's dictionary

  • Housing Benefit — is a means tested social security benefit in the UK that is intended to help meet Housing costs for rented accommodation. The primary legislation governing Housing Benefit is the Social Security Contributions and Benefits Act 1992.[1]… …   Wikipedia

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  • government economic policy — ▪ finance Introduction       measures by which a government attempts to influence the economy. The national budget generally reflects the economic policy of a government, and it is partly through the budget that the government exercises its three …   Universalium

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