Step Cost Definition

 Definitions, S  No Responses »
Apr 252013
 

A cost that increases in distinct amounts because of increased activity

More definitions and glossary terms like Step Cost? We have the largest database of definitions, all written by investment professionals like me. We are adding new terms every single day, so please come back tomorrow and learn some more investment terms

Sign up to the ‘Word of the Day’ email to receive a definition like Step Cost in your mailbox each morning.

Comments?

Please leave your comments on Step Cost below. Remember, every comment gets you another entry into the random prize draw for 100 GBP of Amazon vouchers.

Next winner will be selected on Tuesday, April 30th 2013. Comment now!

Controller Definition

 C, Definitions  No Responses »
Apr 252013
 

The chief accountant (in a corporation) who is responsible for maintaining and reporting on both the cost and financial sets of accounts but does not handle or negotiate changes in actual resources

More on banking and finance terms later this week, when I write my next post. Controller. Please bookmark us and leave a comment.

Context

Do you have an example of where Controller can be used in context. Help me develop the site by leaving an example below. Every example using ‘Controller’ gets you another entry into the draw for 100 GBP of Amazon vouchers.

A winner will be selected on Tuesday, April 30th 2013.

Theory Of Constraints (Toc) Definition

 Definitions, T  No Responses »
Apr 242013
 

A method of analysing the bottlenecks (constraints) that keep a system from achieving higher performance; it states that production cannot take place at a rate faster than the slowest machine or person in the process

Another great day at work and I am feeling satisfied – even a little elated! Tomorrow I’ll write some more on financial terms. Please come back every day and learn something new.

Comments?

Please leave your comments on Theory Of Constraints (Toc) below. Remember, every comment gets you another entry into the random prize draw for 100 GBP of Amazon vouchers.

Next winner will be selected on Tuesday, April 30th 2013. Comment now!

 Older Entries