Difference between revisions of "Policy1test"
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'''“Allocate”''' means to assign an item of cost, or a group of items of cost, to one or more cost objectives. This term includes both direct assignments of cost and the reassignment of a share from an Indirect Cost Pool. | '''“Allocate”''' means to assign an item of cost, or a group of items of cost, to one or more cost objectives. This term includes both direct assignments of cost and the reassignment of a share from an Indirect Cost Pool. | ||
| − | + | '''“Cost Objective”''' means a function, organizational subdivision, contract, or other work unit for which cost data are directly related and for which provision is made to accumulate and measure the cost to processes, products, jobs, capitalized projects, etc. | |
| − | + | '''“Directly Associated Cost”''' means any cost which is generated solely as a result of the incurrence of another cost, and which would not have been incurred had the other cost not been incurred. | |
| − | + | '''“Direct Cost”''' means cost which is identified specifically with a particular final cost objective. | |
| − | + | '''“Home Office”''' means an office responsible for directing or managing two or more, but not necessarily all, Segments of Cobham including the Wimborne head office, the DC office, divisional corporate offices, SBU corporate offices etc. | |
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| − | “Home Office” means an office responsible for directing or managing two or more, but not necessarily all, Segments of Cobham including the Wimborne head office, the DC office, divisional corporate offices, SBU corporate offices etc. | + | |
