cost recovery basis
简明释义
成本回收制
英英释义
例句
1.Under the cost recovery basis 成本回收基础, we will charge clients only what it costs us to deliver the service.
在成本回收基础 cost recovery basis下,我们将仅向客户收取提供服务的成本。
2.Our pricing model is based on a cost recovery basis 成本回收基础, ensuring transparency in our billing process.
我们的定价模式基于成本回收基础 cost recovery basis,确保我们的账单过程透明。
3.The government agency offered grants on a cost recovery basis 成本回收基础, allowing projects to reimburse their expenses.
政府机构以成本回收基础 cost recovery basis提供补助金,允许项目报销其费用。
4.The company decided to operate on a cost recovery basis 成本回收基础 to ensure all expenses were covered before making a profit.
公司决定以成本回收基础 cost recovery basis运作,以确保所有费用在盈利之前得到覆盖。
5.Many non-profit organizations function on a cost recovery basis 成本回收基础 to sustain their operations without profit motives.
许多非营利组织以成本回收基础 cost recovery basis运作,以维持其运营而不追求利润。
作文
In today's business environment, understanding financial principles is crucial for success. One such principle that often comes into play is the concept of cost recovery basis. This term refers to a method of accounting where a company ensures that the costs incurred in providing a service or product are fully recovered before any profit can be recognized. Essentially, it is about covering all expenses associated with a project or operation before moving into profitability. This approach is particularly important in industries where initial investments are significant and where the timeline for realizing profits can be lengthy.For instance, consider a construction company that undertakes a large infrastructure project. The company will incur various costs, including labor, materials, equipment, and overheads. Under a cost recovery basis, the company would track these costs meticulously to ensure that they are fully covered by the revenue generated from the project before claiming any profits. This not only helps in maintaining financial stability but also ensures that stakeholders are aware of the financial health of the project.Moreover, the cost recovery basis is often used in government contracts and non-profit organizations, where funding may be limited, and accountability is paramount. By adopting this method, these entities can provide transparency to funders and donors, demonstrating that every dollar spent is accounted for and that they are operating within their means. This can be particularly beneficial in securing future funding, as it builds trust and shows a commitment to responsible financial management.In addition to its practical applications, the cost recovery basis also has implications for pricing strategies. Businesses need to set prices that not only cover costs but also allow for a reasonable profit margin. Understanding the intricacies of cost recovery can help businesses to price their products or services more effectively, ensuring they remain competitive while still achieving their financial goals.However, it is essential to note that relying solely on a cost recovery basis can have its drawbacks. For one, it may lead to underpricing if companies focus too heavily on recovering costs without considering market demand or competitor pricing. Additionally, it can create a mindset that prioritizes cost control over innovation and growth. Therefore, while it is vital to recover costs, businesses must also balance this with strategic planning and market analysis to ensure long-term success.In conclusion, the concept of cost recovery basis is an integral part of financial management in various sectors. It serves as a foundation for ensuring that costs are covered before profits are realized, fostering transparency and accountability. However, businesses must be cautious not to let this principle limit their potential for growth and innovation. By understanding and applying the cost recovery basis effectively, companies can navigate the complexities of financial management while positioning themselves for future success.
在当今的商业环境中,理解财务原则对成功至关重要。其中一个经常出现的原则是“成本回收基础”的概念。这个术语指的是一种会计方法,公司确保在确认任何利润之前,提供服务或产品所产生的成本完全得到回收。基本上,它是关于在实现盈利之前,覆盖与项目或运营相关的所有费用。这种方法在初始投资巨大且实现利润的时间表可能较长的行业中尤为重要。例如,考虑一家承接大型基础设施项目的建筑公司。该公司将承担各种费用,包括劳动力、材料、设备和间接费用。在“成本回收基础”下,公司的成本将被仔细跟踪,以确保通过项目产生的收入完全覆盖这些费用,然后才会计算利润。这不仅有助于保持财务稳定,还确保利益相关者了解项目的财务健康状况。此外,“成本回收基础”常用于政府合同和非营利组织,其中资金可能有限,而问责制至关重要。通过采用这种方法,这些实体可以向资助者和捐赠者提供透明度,证明每一美元的支出都有据可依,并且他们在可控范围内运作。这在确保未来资金方面特别有益,因为它建立了信任,显示出对负责任的财务管理的承诺。除了其实际应用外,“成本回收基础”还对定价策略产生影响。企业需要设定价格,不仅覆盖成本,还允许合理的利润空间。理解成本回收的复杂性可以帮助企业更有效地定价其产品或服务,确保它们在保持竞争力的同时实现财务目标。然而,必须注意的是,仅仅依赖于“成本回收基础”可能会带来一些缺点。一方面,如果公司过于专注于回收成本而不考虑市场需求或竞争对手的定价,可能会导致定价过低。此外,这可能会导致一种优先考虑成本控制而非创新和增长的心态。因此,虽然回收成本至关重要,但企业还必须平衡这一点与战略规划和市场分析,以确保长期成功。总之,“成本回收基础”的概念是各个行业财务管理的重要组成部分。它作为确保在实现利润之前覆盖成本的基础,促进透明度和问责制。然而,企业必须谨慎,避免让这一原则限制其增长和创新的潜力。通过有效理解和应用“成本回收基础”,公司可以应对财务管理的复杂性,同时为未来的成功奠定基础。
相关单词