Cost Ledger (Noun)
Meaning
Ledger showing the accumulated costs classified in various ways.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The company maintains a detailed cost ledger to track the expenses of different departments.
- To evaluate the profitability of a product, management analyzes the entries in the cost ledger.
- Each account in the cost ledger corresponds to a specific expense, making it easier to manage and identify trends.
- Financial controllers often scrutinize the entries in the cost ledger for inaccuracies and anomalies.
- For an in-depth financial analysis, our accountants must study both the income statement and the cost ledger.