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Cost justifying

Most business activities these days are measured to ensure that they are worth undertaking. Cost-justification is the method of measuring the costs saved or income earned (or both) from an undertaking. When measured against the costs of that effort, it can be seen whether a profit or loss was made. This can occur after the effort has taken place, or in some cases will occur prior using forecasted figures, as a method of justifying expenditure.

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