View source for OPERATIONAL COST CONTROL

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== Definitions ==

[[CONTROL|control]] of costs through on-the-[[SPOT|spot]] [[OBSERVATION|observation]] and regulation. [[OPERATIONAL|Operational]] [[COST|cost]] control can often spot material wastage or misuse and poor [[UTILIZATION|utilization]] of [[PERSONNEL|personnel]] and [[RESOURCES|resources]]. See [[ACCOUNTING_COST_CONTROL|ACCOUNTING COST CONTROL]].