DIRECT LABOR Definition

Bookmark and Share

DIRECT LABOR is work performed by individuals which is directly related to a specific cost objective. This work is readily identifiable with a particular product or service.

Learn new Accounting Terms

EXPLANATORY, in accounting, is a paragraph added to an audit report to explain something, such as the reason for a qualified or adverse opinion.

DEFERMENT see DEFERRED.

Suggest a Term

Enter Search Term

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