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# Why are estimation skills important in dividing decimals?

Updated: 9/24/2023

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Q: Why are estimation skills important in dividing decimals?
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### What is the difference between estimation and costing?

1,estimation is finding the cost before it has been actually manufactured. and costing is finding cost after manufacturing the product including the defect product cost. 2,estimation need high technical skills and knowledge hence its done by engineering department but costing need high accounting skills hence its usually done by Accountants or account departments 3,estimation foresee the probable cost and hence it can be used to decide whether one need to produce a particular product or not. or if its profitable or not costing helps to understand to what extent the estimation holds good also when and where it fails

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The skills of percentage, fractions, decimals, fast and advanced calculating are used in finance.

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Skills are not important

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Two important skills used in science are the skills of making accurate observations, and of logically analysing what you have observed.