cost-recovery method

简明释义

成本回收法

英英释义

A cost-recovery method is an accounting approach used by businesses to determine how to recover costs associated with providing a product or service over time, ensuring that all expenses are covered and profits can be generated.

成本回收方法是一种会计方法,企业用来确定如何在一段时间内收回与提供产品或服务相关的成本,确保所有费用得到覆盖并能够产生利润。

例句

1.The company decided to implement a cost-recovery method 成本回收方法 to ensure that all project expenses were covered.

公司决定实施一种成本回收方法 cost-recovery method,以确保所有项目费用都能得到覆盖。

2.The government introduced a new cost-recovery method 成本回收方法 for public utilities.

政府为公共事业引入了一种新的成本回收方法 cost-recovery method

3.Using a cost-recovery method 成本回收方法 can help non-profit organizations sustain their operations.

使用成本回收方法 cost-recovery method可以帮助非营利组织维持其运营。

4.Consultants often recommend a cost-recovery method 成本回收方法 to improve financial stability.

顾问们通常建议采用一种成本回收方法 cost-recovery method来改善财务稳定性。

5.The cost-recovery method 成本回收方法 used by the firm has proven effective in managing cash flow.

该公司的成本回收方法 cost-recovery method在管理现金流方面已被证明是有效的。

作文

In the field of finance and business, understanding various methods of managing costs is crucial for sustainability and growth. One such method that has gained prominence in both public and private sectors is the cost-recovery method. This approach involves recovering the costs incurred in providing services or products, ensuring that an organization can sustain its operations without incurring losses. The cost-recovery method is particularly significant in sectors where services are provided at a subsidized rate or where funding is limited. To elaborate on the cost-recovery method, it typically encompasses several steps. First, an organization must accurately assess the total costs associated with delivering a service or product. This includes direct costs, such as materials and labor, as well as indirect costs, such as overhead expenses. Once these costs are established, the organization can determine the pricing structure necessary to recover these costs over time. For instance, consider a public utility company that provides water services to a community. The company would first calculate the total expenses involved in sourcing, treating, and distributing water. These costs would then inform the pricing of water services. By implementing the cost-recovery method, the utility ensures that it collects enough revenue to cover its operational expenses, maintain infrastructure, and invest in future improvements. Another example can be seen in the healthcare sector. Hospitals often face challenges with funding and resource allocation. By employing the cost-recovery method, hospitals can set prices for medical services that reflect the actual costs of providing care. This not only helps in maintaining financial viability but also allows for better planning and resource management. The advantages of the cost-recovery method extend beyond mere financial stability. It fosters transparency and accountability within organizations. Stakeholders, including customers and investors, can understand how prices are determined and the rationale behind them. This transparency can enhance trust and improve the relationship between the organization and its clients. Additionally, by being aware of the costs involved, organizations can identify areas for improvement and efficiency, ultimately leading to better service delivery. However, it is essential to recognize the potential challenges associated with the cost-recovery method. Setting prices too high may deter customers, while setting them too low could lead to financial shortfalls. Therefore, organizations must strike a balance to ensure that they remain competitive while still recovering their costs. Furthermore, external factors, such as economic conditions and regulatory policies, can also impact the effectiveness of this method. In conclusion, the cost-recovery method serves as a vital tool for organizations aiming to maintain financial health and operational efficiency. By accurately assessing costs and establishing appropriate pricing strategies, businesses can ensure sustainability while delivering quality services. As industries continue to evolve, the importance of effective cost management strategies like the cost-recovery method will only grow. Organizations that master this method will not only survive but thrive in an increasingly competitive landscape.

在金融和商业领域,理解各种管理成本的方法对可持续发展和增长至关重要。其中一种在公共和私营部门中日益受到重视的方法是成本回收方法。这种方法涉及到收回提供服务或产品所产生的成本,确保组织能够维持运营而不发生亏损。成本回收方法在以补贴价格提供服务或资金有限的领域尤为重要。为了详细说明成本回收方法,通常包括几个步骤。首先,组织必须准确评估与提供服务或产品相关的总成本。这包括直接成本,如材料和劳动力,以及间接成本,如管理费用。一旦这些成本被确定,组织就可以确定必要的定价结构,以便随着时间的推移收回这些成本。例如,考虑一家向社区提供水服务的公共事业公司。该公司首先会计算获取、处理和分配水所涉及的总费用。这些成本将用于制定水服务的定价。通过实施成本回收方法,公用事业公司确保其收集到足够的收入来覆盖运营费用、维护基础设施并投资未来的改进。另一个例子可以在医疗保健领域看到。医院在资金和资源分配方面常常面临挑战。通过采用成本回收方法,医院可以为医疗服务设定反映提供护理实际成本的价格。这不仅有助于保持财务可行性,还允许更好的规划和资源管理。成本回收方法的优势不仅仅局限于财务稳定。它促进了组织内部的透明度和问责制。利益相关者,包括客户和投资者,可以理解价格如何确定及其背后的理由。这种透明度可以增强信任,并改善组织与客户之间的关系。此外,通过意识到涉及的成本,组织可以识别改进和效率的领域,最终导致更好的服务交付。然而,必须认识到与成本回收方法相关的潜在挑战。定价过高可能会阻止客户,而定价过低可能导致财务短缺。因此,组织必须找到平衡,以确保在收回成本的同时保持竞争力。此外,经济条件和监管政策等外部因素也可能影响这种方法的有效性。总之,成本回收方法作为一种重要工具,帮助组织维持财务健康和运营效率。通过准确评估成本并建立适当的定价策略,企业可以确保可持续发展,同时提供优质服务。随着行业的不断发展,像成本回收方法这样的有效成本管理策略的重要性只会增加。掌握这种方法的组织不仅能生存,还能在竞争日益激烈的环境中蓬勃发展。