Enterprise glossary and term center
Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.
- Enterprise terms
- Cost Accounting
- What is cost accounting and its functions?
Cost Accounting - What is cost accounting and its functions?
ascertain the cost per unit of every product that the company manufactures. ... to identify any wastages whether in material, expense, time, tools and spares etc. Also, suggest ways to minimize this wastage. also, provide data that helps in the process of price fixing.