COST UNIT Definition

Bookmark and Share

COST UNIT is a functional cost unit which establishes standard cost per workload element of activity, based on calculated activity ratios converted to cost ratios.

Learn new Accounting Terms

SQCS is Statement on Quality Control Standards.

STOCK SPLIT is the issuance of a substantial amount of additional shares, thereby reducing the par value of the stock on a proportionate basis.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.