Home > Terms > English, UK (UE) > Labour cost

Labour cost

The cost of wages paid to workers during an accounting period on daily, weekly, monthly, or job basis, plus payroll and related taxes and benefits (if any).

This is auto-generated content. You can help to improve it.
0
Improve it
  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Accounting
  • Category: Auditing
  • Company:
  • Product:
  • Acronym-Abbreviation:
More
Collect to Blossary

Other Languages:

More

Member comments

You have to log in to post to discussions.

Related terms

indirect labour costs
Business administration; Business management

The costs associated with those members of the workforce not directly involved in the production of goods and services, but whose labour is essential to the running of the ...

direct labour costs
Business administration; Business management

The costs associated with those members of the workforce directly involved in the production of goods and services.

cost
Retail; Supermarkets

The dollar amount paid for any goods or services. Retail price equals cost price plus profit.

cost
Business services; Project management

The monetary value or price of a project activity or component that includes the monetary worth of the resources required to perform and complete the activity or component, or to ...

cost
Computer; Software; Software engineering

The dollar amount of cash expended, resources used, property transferred, services performed, or liability incurred inconsideration of goods and services received.

cost
Automotive; Automobile

The price that a shop charges for a vehicle or one of its components. To the shop, it is the price they pay for the component (i.e., the net price) to which they add an amount or ...

share a term with millions
Accounting; Auditing

Share a term with millions of users around the world and increase your online visibility.Share a term with millions of users around the world and increase your online ...

define1
Accounting; Auditing

Share a term with millions of users around the world and increase your online visibility.Share a term with millions of users around the world and increase your online ...

segregation of duties
Accounting; Auditing

means assigning different people the responsibilities of authorizing transactions, recording transactions, and maintaining custody of assets. Segregation of duties reduces the ...

revenue cycle
Accounting; Auditing

The portion of a company that fills customer orders, accounts for receivables, and collects those receivables.

self-checking digit
Accounting; Auditing

An extra digit is added to a number. The extra digit is computed from the other digits in the number. The computer program can then check input by recomputing and comparing the ...

review
Accounting; Auditing

To examine again. The overall review of audit documentation is completed after field work. A peer review is a practice monitoring program in which audit documentation of one CPA ...

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Animals Category: Spiders

Coxal glands

The excretory organs of arachnids, in spiders located opposite the coxae of the first and third legs, that collect wastes into a saccule and discharge ...

Contributor

Featured blossaries

Parkour

Category: Sports   1 10 Terms

Tanjung's Sample Business 2

Category: Travel   3 4 Terms

Browers Terms By Category

TERMS

SOCIAL

EXTRAS

SOLUTIONS