cost

nouncandidate·updated May 12, 2026

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The monetary value of resources used or sacrificed or liabilities incurred to achieve an objective such as to acquire or produce a good or to perform an activity or service.

Framework senses

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FFIEC IT Examination Handbook - Audit, April 20121 senseview framework →

§1: The monetary value of resources used or sacrificed or liabilities incurred to achieve an objective such as to acquire or produce a good or to perform an activity or service.