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You Can Set Up Multiple Relationships Using Power Pivot

question 48

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You can set up multiple relationships using Power Pivot.


Definitions:

Allocated Cost

Expenses assigned to a specific department, project, or product, based on a formula or allocation method.

Budgeted Amounts

Estimates of revenues, expenses, and other financial activities for a future period, used for planning purposes.

Operating Departments

Divisions within an organization responsible for carrying out the main business activities directly related to generating revenues.

Two-Stage Cost

A method in cost accounting where costs are allocated to cost centers in two stages, first to departments then to products or services.

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