base year cost

简明释义

基年成本,基年费用

英英释义

The base year cost refers to the cost of goods or services in a specific year used as a benchmark for comparison with costs in other years.

基准年成本是指在特定年份的商品或服务成本,用作与其他年份成本比较的基准。

例句

1.The financial report highlighted a significant increase in expenses compared to the base year cost 基准年成本.

财务报告强调,与基准年成本 基准年成本相比,费用显著增加。

2.When calculating inflation, economists often refer to the base year cost 基准年成本 to measure price changes over time.

在计算通货膨胀时,经济学家通常会参考基准年成本 基准年成本来衡量价格随时间的变化。

3.Adjusting the base year cost 基准年成本 for inflation is crucial for accurate financial analysis.

调整基准年成本 基准年成本以适应通货膨胀对于准确的财务分析至关重要。

4.To assess the project's feasibility, we need to compare the current costs with the base year cost 基准年成本.

为了评估项目的可行性,我们需要将当前成本与基准年成本 基准年成本进行比较。

5.The company decided to use the previous year's expenses as the base year cost 基准年成本 for its budget planning.

公司决定将去年的支出作为其预算规划的基准年成本 基准年成本

作文

In the world of economics and finance, understanding various terms is crucial for making informed decisions. One such term that often comes up in discussions about inflation, budgeting, and financial analysis is base year cost. The concept of base year cost refers to the cost of a specific item or service during a designated base year, which serves as a point of reference for comparison with costs in subsequent years. This term is particularly important when analyzing trends over time, as it allows individuals and organizations to measure how prices change relative to the base year.To illustrate the significance of base year cost, consider a company that wants to assess its operational expenses over a five-year period. If the company chooses 2020 as its base year, it will record the costs incurred in that year for various categories such as labor, materials, and overhead. In subsequent years, the company can compare these costs to those in 2021, 2022, 2023, and so forth, using the base year cost as a benchmark. This comparison helps the company to understand whether its costs are increasing, decreasing, or remaining stable over time.Moreover, the use of base year cost is essential in calculating inflation rates. Economists often select a base year to determine the Consumer Price Index (CPI), which measures the average change over time in the prices paid by consumers for goods and services. By comparing the current year’s prices to the base year cost, economists can ascertain how much prices have risen or fallen, providing valuable insights into the economy's health.Another application of base year cost is in project management and budgeting. When creating a budget for a new project, managers often look at historical data to forecast future expenses. By analyzing the base year cost of similar projects, they can make more accurate predictions about what the new project might cost. This practice not only aids in effective planning but also in securing funding, as stakeholders appreciate a well-researched financial outlook.However, it is important to note that the choice of base year can significantly impact the analysis. If an organization selects a year with unusually high or low costs as its base year, it may lead to misleading conclusions. Therefore, it is advisable to choose a base year that reflects typical market conditions to ensure a more accurate assessment of cost trends.In conclusion, the concept of base year cost is a fundamental aspect of financial analysis, inflation measurement, and project budgeting. It provides a reliable reference point for evaluating changes in costs over time, which is essential for making sound economic decisions. By understanding and effectively utilizing base year cost, businesses and individuals can navigate the complexities of financial planning and economic forecasting with greater confidence. As we move forward in an ever-changing economic landscape, the importance of grasping such concepts cannot be overstated. It equips us with the knowledge necessary to adapt and thrive in our financial endeavors.

在经济和金融的世界中,理解各种术语对于做出明智的决策至关重要。一个经常出现在关于通货膨胀、预算和财务分析讨论中的术语是基年成本基年成本的概念指的是在指定的基年内某一特定商品或服务的成本,该年作为与后续年份成本比较的参考点。这个术语在分析随时间变化的趋势时尤其重要,因为它允许个人和组织衡量价格相对于基年的变化。为了说明基年成本的重要性,考虑一家希望评估其在五年期间运营费用的公司。如果该公司选择2020年作为基年,它将记录在该年发生的各种类别的成本,例如劳动力、材料和间接费用。在随后的年份中,公司可以将这些成本与2021年、2022年、2023年等年的成本进行比较,使用基年成本作为基准。这种比较帮助公司了解其成本是增加、减少还是保持稳定。此外,基年成本的使用在计算通货膨胀率时也至关重要。经济学家通常选择一个基年来确定消费者价格指数(CPI),该指数测量消费者为商品和服务支付的价格随时间的平均变化。通过将当前年的价格与基年成本进行比较,经济学家可以确定价格上涨或下跌的幅度,从而提供对经济健康状况的有价值见解。基年成本的另一个应用是在项目管理和预算中。当为新项目制定预算时,管理者通常会查看历史数据以预测未来的支出。通过分析类似项目的基年成本,他们可以更准确地预测新项目可能的成本。这种做法不仅有助于有效规划,还有助于获得资金,因为利益相关者会欣赏经过充分研究的财务前景。然而,值得注意的是,基年的选择会显著影响分析。如果一个组织选择了一个成本异常高或低的年份作为基年,可能会导致误导性的结论。因此,建议选择一个反映典型市场条件的基年,以确保对成本趋势的更准确评估。总之,基年成本的概念是财务分析、通货膨胀测量和项目预算的基本方面。它为评估随时间变化的成本提供了可靠的参考点,这对于做出合理的经济决策至关重要。通过理解和有效利用基年成本,企业和个人能够更自信地应对财务规划和经济预测的复杂性。随着我们在不断变化的经济环境中前进,掌握这些概念的重要性不言而喻。它使我们具备适应和在财务事务中蓬勃发展的知识。

相关单词

year

year详解:怎么读、什么意思、用法