economics

Allocation

Allocation - Definition A distribution of costs using calculations that may be unrelated to physical observations or direct or repeatable cause-and-effect relationships. Because of the arbitrary nature of allocations, costs based on cost causal Assignment are viewed as more relev

What is Allocation?

Allocation - Definition A distribution of costs using calculations that may be unrelated to physical observations or direct or repeatable cause-and-effect relationships. Because of the arbitrary nature of allocations, costs based on cost causal Assignment are viewed as more relev

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