PRODUCTIVITY Definition

Bookmark and Share

PRODUCTIVITY is a measured relationship of the quantity and quality of units produced and the labor required per unit of time.

Learn new Accounting Terms

THEORETICAL USAGE, in a manufacturing environment, is the projected or budgeted usage of parts, materials or supplies as opposed to the actual usage that may occur.

RESTRICTED DONATIONS see RESTRICTED ASSETS.

Suggest a Term

Enter Search Term

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