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Questions tagged [reason for naming]

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DaeguDivaDanceQueenElegantStride DaeguDivaDanceQueenElegantStride Mon Jun 03 2024 | 6 answers 1365

Why is it called Prime cost?

Could you please explain the origin of the term "Prime cost"? I'm curious as to why it's named so. Could you elaborate on the concept behind it and its significance in the field of accounting or finance? Additionally, is there any specific reason why this terminology is preferred over other potential names? I'd appreciate your insights on this matter.

Why is it called Prime cost?

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