Primary navigation:

QFINANCE Quick Links
QFINANCE Reference
Add the QFINANCE search widget to your website

Home > QFINANCE Dictionary > Definition of continuous operation costing

Definition of

continuous operation costing

Operations & Production

basing costs on process not product a costing method in which costs are first charged to the process of production, then averaged over the units produced during the relevant period. It is used where production consists of a sequence of continuous or repetitive operations.

continuous operation costing - Related Articles
  • Continuous Auditing: Putting Theory into Practice

    Best Practice

    The value to the board and executive management of continuous risk and control assurance is generally very high. Although this dimension of continuous auditing can require the most resources to develop and maintain, the value will frequently far exceed the cost.
    By Norman Marks

  • Business Continuity Management: How to Prepare for the Worst

    Best Practice

    BC: Business continuity
    By Andrew Hiles

  • Understanding Continuity Insurance


    If an event such as a fire damages a company’s premises and prevents it from operating, business continuity insurance covers the profits that would have been earned if the disaster had not happened. The amount of compensation is determined by an examination of the company’s business records.

  • Identifying Your Continuity Needs


    Organization for Standardization (ISO) has published the ISO/PAS 22399:2007 “Guideline for incident preparedness and operational continuity management.”


Definitions of ’continuous operation costing’ and meaning of ’continuous operation costing’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’continuous operation costing’ and other financial terms with our online QFINANCE Financial Dictionary.

Back to top

Related Blog Posts

More related Blog results