COST ANALYSIS

a step-by-step judgment of the prices correlated with the use of a program's services including: material, time period, direct personnel, administrative costs on the purchaser's behalf, and budgetary category. Said judgments leas to advanced analysis of cost vs. budget.

COST ANALYSIS: "Cost analysis reports would show that the business spends much more on travel expenses each years than they should be."
Cite this page: N., Pam M.S., "COST ANALYSIS," in PsychologyDictionary.org, April 7, 2013, https://psychologydictionary.org/cost-analysis/ (accessed November 27, 2020).
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