Based on the premise that cost measurement for a library can be performed in the same manner as for an industrial organization, this paper presents a hypothetical cost determination problem of a small company which produces bricks. A summary of the five steps taken to develop the various cost figures are: (1) Assign all cost items to the…

The costs of assessment, which was identified as a condition for achieving excellence in undergraduate education by the Study Group on the Conditions of Excellence in American Higher Education, are addressed. Two questions considered deal with (1) the unit of analysis and (2) what to count. The unit of analysis can be the individual student,…

Program budgeting is described as a means of enabling higher education to respond effectively to three major accountability concerns. They are (1) the long-term financial implications of a particular programmatic or policy decision, (2) determination of what is being paid for, and (3) understanding that the price being paid for a program is…