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Controlling is all about knowing the cost element and the cost object. Every time pose this question to yourself what is the cost element what is the cost object.

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Controlling is all about knowing the cost element and the cost object. Every time pose this question to yourself what is the cost element what is the cost object. Empty Controlling is all about knowing the cost element and the cost object. Every time pose this question to yourself what is the cost element what is the cost object.

Post  michael_fico Fri Mar 23, 2012 6:29 pm

At the end of the period all costs or revenues in the cost object are settled
to their respective receivers which could be a gl account, a cost center,
profitability analysis or asset.

It is very important that you understand this otherwise you would
struggle to understand Controlling.

michael_fico

Posts : 163
Join date : 2012-03-23

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