Examlex
The words used in an insurance contract are interpreted against the party who applied for the policy.
Special Cost Pool
A financial management term for aggregating specific costs together, typically for reporting or reimbursement purposes.
ABC System
An approach in accounting that allocates overhead and indirect costs to specific activities related to the production of a product or service.
Allocating Costs
The process of assigning indirect expenses to different departments, products, or projects based on relevant criteria.
Measure Of Activity
A parameter or unit used to quantify the level of operational or production activity within a specific period.
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