cost ledger (Meaning)

Wordnet

cost ledger (n)

ledger showing the accumulated costs classified in various ways

Synonyms & Antonyms of cost ledger

No Synonyms and anytonyms found

cost ledger Sentence Examples

  1. The cost ledger provides a detailed record of all expenses incurred by the company.
  2. Accountants meticulously update the cost ledger to ensure accurate financial reporting.
  3. The cost ledger is organized by category, allowing for easy tracking of expenditures.
  4. Managers refer to the cost ledger when making budgetary decisions and analyzing cost trends.
  5. Auditors rely on the information in the cost ledger to verify the accuracy of financial statements.
  6. Entries in the cost ledger include descriptions of expenses, dates, and corresponding amounts.
  7. Technology has streamlined the process of maintaining the cost ledger, reducing the risk of errors.
  8. Access to the cost ledger is restricted to authorized personnel to maintain confidentiality.
  9. The cost ledger plays a crucial role in cost accounting and performance evaluation.
  10. Regular reconciliation of the cost ledger ensures that financial records are up to date and accurate.

FAQs About the word cost ledger

ledger showing the accumulated costs classified in various ways

No synonyms found.

No antonyms found.

The cost ledger provides a detailed record of all expenses incurred by the company.

Accountants meticulously update the cost ledger to ensure accurate financial reporting.

The cost ledger is organized by category, allowing for easy tracking of expenditures.

Managers refer to the cost ledger when making budgetary decisions and analyzing cost trends.