account analysis

Definition

To determine the accuracy of costs for a company. A cost accountant performs this by assessing variable costs.

Use account analysis in a sentence

You should try and do a good account analysis to make sure that you are spending on the things that you need.

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We did an account analysis and we found out a lot of things that pertained to us as a company and they were very interesting.

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They brought in a cost accountant to perform an account analysis for the company. They wanted to determine the true costs of the production.

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