The phrase "accuracy of costs" is correct and usable in written English.
It can be used when discussing the precision or correctness of financial estimates or expenditures.
Example: "The accuracy of costs is crucial for maintaining a budget and ensuring project success."
Alternatives: "cost precision" or "cost correctness".
Until enough reports emerge for a previously unknown ADR to be recognised as such, these unknown ADRs pose a risk to patients, limit the accuracy of cost-benefit analysis and lead to unexpected healthcare costs.
What's more, people waste their time arguing about the accuracy of cost-driver rates that are derived from individuals' subjective beliefs rather than addressing the deficiencies the model reveals: inefficient processes, unprofitable products and customers, and excess capacity.
The accuracy of cost estimates is discussed along with recommendations for treating uncertainty and contingency; deliverables typically required to achieve a certain estimate accuracy are tabulated.
With the development of information technology, it is expected that the efficiency and accuracy of cost estimation for tendering of building projects (TBP cost estimation for short hereafter) can be greatly improved if it can be carried out automatically based on the design results using building information modeling (BIM-based design results for short hereafter).
Ignoring the effects of those failures may result in an optimistic estimation of energy production, which also decreases accuracy of cost assessment.
The demographic databases are aligned with census data at a given frequency; therefore a time lag effect is always to be taken into consideration when measuring the accuracy of cost data analysis for large cohorts.
Additional limitations include miscoding or undercoding of claims, which may affect the accuracy of cost estimates.
This may be seen as a trade-off for a potentially higher accuracy of cost portrayal.
However, few studies have addressed the reliability and accuracy of cost-efficiency indices [ 4, 5, 21, 23].
In addition, inter-hospital variations in cost accounting practices may affect the accuracy of cost estimates when using the Transition system to compare costs between hospitals.
