Financial Objectives

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Definitions
Cost Containment
Cost Containment Budget Management Financial Objectives Expense Control Organizational Costs Project Management Financial Targets
Cost containment is the process of maintaining organizational costs within a specified budget, focusing on restraining expenditures to meet organizational or project financial targets.
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Definitions
Rate of Return Pricing
Rate of Return Pricing Required Rate of Return Return on Capital Employed Pricing Strategy Financial Objectives Profitability
Rate of return pricing involves setting prices for a range of products so that they achieve a predetermined rate of return or return on capital employed (ROCE). This pricing strategy aligns pricing decisions with the financial objectives of earning a specific return, ensuring that the company meets its profitability targets.
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Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.