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

J as the fifth letter of a Nasdaq stock symbol indicates that the issue is the voting stock of the company.

CONTROL ACCOUNT is a summary account in the General Ledger that is supported by detailed individual accounts in a subsidiary ledger. See CREDITORS CONTROL ACCOUNT, DEBTORS CONTROL ACCOUNT, and STOCK CONTROL ACCOUNT.

Suggest a Term

Enter Search Term

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