Top 3 Types of Productivity Audit | Cost Audit
This article throws light upon the top three types of productivity audit. The types are: 1. Material Productivity Audit 2. Labour Productivity Audit 3. Capital Productivity Audit. Type # 1. Material Productivity Audit: 'Material productivity' means: (i) Obtaining the higher output for given units of materials; or (ii) Obtaining the given output at lower units of materials than before (that [...]