Top 4 Practical Benefits of Cost Audit Report

This article throws light upon the top four practical benefits of cost audit report. The practical benefits are: 1. Material Consumption 2. Material Usage 3. Cost of Services 4. Control Over Expenditure. Cost Audit Report: Practical Benefit # 1. Material Consumption: In order to comply with the rules, a Record of item-wise receipts of all major materials is necessary so [...]