cost apportionment


cost apportionment

Accounting dictionary. 2014.

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  • cost apportionment — ˌcost apˈportionment noun [uncountable] ACCOUNTING FINANCE another name for cost allocation * * * cost apportionment UK US noun [U] ACCOUNTING ► COST ALLOCATION( …   Financial and business terms

  • apportionment — cost apportionment Charging a proportion of a cost to a cost centre or cost unit because the cost centres or cost units are not directly incurring those costs although they share in incurring them. A basis of apportionment is always required. See …   Accounting dictionary

  • cost 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

  • apportionment — I noun administration, allocation, allotment, allowance, assignment, assignment in proportion, consignment, disposition, distribution, division, division in proportion, doling out, issuance, just division, measuring out, meting out, partition,… …   Law dictionary

  • Apportionment (politics) — Part of the Politics series Elections Allotment (sortition) …   Wikipedia

  • apportionment — A method of calculating the proportion of input tax applicable to business use, if goods or services are used for business and non business purposes. HM Customs & Revenue Glossary * * * apportionment ap‧por‧tion‧ment [əˈpɔːʆnmənt ǁ ɔːr ] noun… …   Financial and business terms

  • apportionment — /aporshanmant/ The process by which legislative seats are distributed among units entitled to representation. Determination of the number of representatives which a State, county, or other subdivision may send to a legislative body. he U.S.… …   Black's law dictionary

  • apportionment — /aporshanmant/ The process by which legislative seats are distributed among units entitled to representation. Determination of the number of representatives which a State, county, or other subdivision may send to a legislative body. he U.S.… …   Black's law dictionary

  • basis of apportionment — The basis used for the apportionment of costs between a number of cost centres when the costs are to be shared between them equitably. This occurs when an overhead cannot be directly assigned to one particular cost centre. For example, rent and… …   Accounting dictionary

  • equitable apportionment — The process of sharing common costs between cost centres in a fair manner, using a basis of apportionment that reflects the way in which the costs are incurred by the cost centres …   Accounting dictionary