What Does CAP Stand For?

CAP stands for Cost Account Plan

CAP, or Cost Account Plan, is a financial management framework that outlines the budgeting and tracking of costs associated with a specific project or program. It serves as a systematic approach to ensure that all expenses are accurately accounted for, allowing organizations to monitor financial performance, adhere to budgetary constraints, and facilitate informed decision-making throughout the project's lifecycle. The CAP enhances accountability and provides a clear blueprint for cost control and resource allocation.

Other Meanings for CAP