Finance & Accounting What are the 7 types of cost? February 6, 2026 by Myaya | Leave a Comment Understanding the different types of cost is crucial for effective financial management and decision-making. Costs can be classified into various categories based on their nature and purpose. Here, we’ll explore the seven main types of cost, providing insights and examples to help you grasp their significance. What Are the 7 Types of Cost? Fixed Costs: […] Read more ยป