A-Z Popular Blog Costs Search »
Cost
 Advertisements
Related Guides
Cost
top   »  economics   »  finance   »  financial analysis   »  cost

5 Types of Cost

 ,
A cost is a financial sum that is paid out or lost. This is a basic dimension of accounting, economics and strategy. The following are common types of cost.

Accounting Costs

In financial accounting, a cost is an amount of money that is paid out. In some cases, costs must be accounted for as the value of an asset depreciates or amortizes. Accounting is aligned to tax law and securities law with regard to preparing the financial statements of a firm. The following are common types of cost used in financial accounting.
Amortization
Capex
Cost Of Goods Sold
Cost Of Revenue
Fixed Costs
Opex
Overhead Costs
Semi Variable Cost
Variable Costs

Strategic Costs

Costs that are used to form strategy and make decisions.
Applied Cost
Capacity Cost
Cost Of Capital
Cost Of Revenue
Cost Of Risk
Cost To Company
Distress Cost
Employee Costs
Expenses
Intangible Cost
Legacy Costs
Outlay Cost
Overhead Costs
Prospective Cost
Relevant Cost
Sunk Costs
Tangible Cost
Unit Cost

Operations Costs

Costs related to the core business processes of an organization. These are used to optimize and improve processes.
Capacity Cost
Carrying Costs
Direct Cost
Holding Costs
Marginal Cost
Normal Costs
Operational Costs
Shrinkage
Step Costs

Marketing Costs

Costs that are specific to marketing and sales.
Customer Acquisition Cost
Menu Costs
Switching Costs
Target Costing

Economic Costs

Costs that are relevant to modeling the economic behavior of market participants.
Abatement
Agency Cost
Economic Bads
Friction Cost
Information Costs
Opportunity Cost
Switching Costs
If you enjoyed this page, please consider bookmarking Simplicable.
 
Cite »
© 2010-2023 Simplicable. All Rights Reserved. Reproduction of materials found on this site, in any form, without explicit permission is prohibited.

View credits & copyrights or citation information for this page.

Home About     Privacy Policy     Cookies Terms of Use     Contact Us Search


Cookies help us deliver our services. You have choices regarding these cookies. Please visit our privacy policy, cookie policy and consent tool to learn more.


Copyright 2002-2024 Simplicable. All rights reserved. This material may not be published, broadcast, rewritten, redistributed or translated. Report violations here.