cost accounting department

  • 1Cost Accounting Standards — (popularly known as CAS) are a set of 19 standards and rules promulgated by the United States Government for use in determining costs on negotiated procurements. CAS differs from the Federal Acquisition Regulation (FAR) in that FAR applies to… …

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  • 2Cost accounting — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …

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  • 3Full cost accounting — (FCA) generally refers to the process of collecting and presenting information (costs as well as advantages) for each proposed alternative when a decision is necessary. A synonym, true cost accounting (TCA) is also often used. Experts consider… …

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  • 4accounting — /euh kown ting/, n. 1. the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc.… …

    Universalium

  • 5Cost of goods sold — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …

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  • 6Cost externalizing — See also: externality Cost externalizing is a socio economical term describing how a business maximizes its profits by off loading indirect costs and forcing negative effects to a third party. Contents 1 Business to society 2 Business to market 2 …

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  • 7Cost of Living Allowance — (COLA) is a United States military entitlement given to military servicemen and women living in high cost areas or stationed overseas. It is intended to compensate servicemembers for the high cost of living at certain duty stations.How It… …

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  • 8Cost of Living Allowance (U.S. Military) — Cost of Living Allowance (COLA) is a United States military entitlement given to military servicemen and women living in high cost areas or stationed overseas. It is intended to compensate servicemembers for the high cost of living at certain… …

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  • 9Cost pool — Cost pools is an accounting term that refers to groups of accounts serving to express the cost of goods and service allocatable within a business or manufacturing organization. The principle behind the pool is to correlate direct and indirect… …

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  • 10cost allocation — ➔ allocation * * * cost allocation UK US noun [U] (also cost apportionment) ► ACCOUNTING the process of calculating the various costs of making a product, providing a service, etc. and which department within a company or organization should pay… …

    Financial and business terms