Examlex
Why is ITIL successful?
Direct Method
A way of allocating service department costs directly to the producing departments without considering services rendered between service departments.
Comparative Balance Sheet
A financial statement that presents the financial position of a company at different points in time side-by-side for comparison.
Cost Of Goods Sold
The immediate expenses linked to the manufacturing of products sold by a business, comprising costs for materials and labor.
Direct Method
An approach in cost accounting that traces costs directly to cost objects without distributing indirect costs.
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