allocation Dictionary Thesaurus Medical Legal Idioms Encyclopedia Wikipedia Allocate On abalance sheet, to spread anexpenseover more than oneaccounting period. One of the most prominent examples of allocation isdepreciation, which spreads the cost of anassetover a certain number of years. ...
allocation [ al-uh-key-shuhn ] Phonetic (Standard)IPA noun the act ofallocating;apportionment. the state of beingallocated. the share or portionallocated. Accounting.a system of dividing expenses and incomes among the various branches, departments, etc., of a business....
allocation (ˌæləˈkeɪʃən) n 1. the act of allocating or the state of being allocated 2. a part that is allocated; share 3. (Accounting & Book-keeping) accounting Brit a system of dividing overhead expenses between the various departments of a business 4. (Social Welf...
In inflation accounting, one records price changes that affect the purchasing power of current assets and the value of the company's long-term assets and liabilities. This can provide a more accurate picture of a company's value. It is used to supplement a company's ordinary financial ...
Allocated Capacity means the capacity allocated to a bidder by [Insert the name of State Implementing Agency] based on the procedure defined in Section II of this tender document. The allocated capacity will be mentioned in the Letter of Allocation (LoA). Sample 1Sample 2 Based on 7 documents...
For example, the heating cost might be allocated to the five departments located in the area that is heated. The allocation is often based on each department’s square footage. Related Q&A How do you divide the cost of real estate into land and building? What is the death spiral? Why is...
In activity-based costing this refers to the allocation of the cost of activities (determined by stage 1 allocations) to the cost objects such as products or services. Related Q&A What is cost allocation? What is the meaning of systematic and rational allocation? What is the traditional method...
1.the relative disposition or arrangement of the parts or elements of a thing. 2.external form, as resulting from this. 3.an atomic spatial arrangement that is fixed by the chemical bonding in a molecule and that cannot be altered without breaking bonds (contrasted withconformation). ...
ordinary course of operation of the business, and (ii) non-recurring income or expense relating to adjustments to the allocation to goodwill required as a result of GAAP purchase accounting, in each case which otherwise would not have been included in Business EBITDA for the period in question...
Having a clear idea of the costs associated with running a business essentially makes it easier for management to devise ways to maximize productivity and profitability. Entrepreneurs and business managers rely onactionableinformation before making allocation decisions. Cost accounting buoys decision-making ...