Cost accumulation system definition

Cost accumulation system means a system for the accumulation of service company costs on a job, project, or functional basis. It includes schedules and worksheets used to account for charges billed to single and groups of associate and non-associate companies. It can be a variety of systems, includ- ing but not limited to, a work order system or an activity-based accounting software system.
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Cost accumulation system means a system for the accumulation of service company costs on a job, project, or functional basis. It includes schedules and worksheets used to account for charges billed to single and groups of associate and non-associate companies.
Sample 1

Examples of Cost accumulation system in a sentence

  • An annual statement to support the amount of compensation for use of capital billed for the previous12 months and how it was calculated must be supplied to each associate company at the end of the calendar year.§ 367.30 Cost accumulation system for associate companies.Service companies must maintain a detailed classification of service costs, that permits costs to be identified with the functional processes of the asso- ciate companies served.

  • An annual statement to support the amount of compensation for use of capital billed for the previous12 months and how it was calculated Federal Energy Regulatory Commission § 367.51 must be supplied to each associate company at the end of the calendar year.§ 367.30 Cost accumulation system for associate companies.Service companies must maintain a detailed classification of service costs, that permits costs to be identified with the functional processes of the asso- ciate companies served.

  • An annual statement to support the amount of compensation for use of capital billed for the previous12 months and how it was calculated § 367.30must be supplied to each associate company at the end of the calendar year.§ 367.30 Cost accumulation system for associate companies.Service companies must maintain a detailed classification of service costs, that permits costs to be identified with the functional processes of the asso- ciate companies served.

Related to Cost accumulation system

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  • Distribution System means the system of wires and associated facilities between the delivery points on the transmission lines or the generating station connection and the point of connection to the installation of the consumers;

  • Leak-detection system means a system capable of detecting the failure of either the primary or secondary containment structure or the presence of a release of hazardous waste or accumulated liquid in the secondary containment structure. Such a system must employ operational controls (e.g., daily visual inspections for releases into the secondary containment system of aboveground tanks) or consist of an interstitial monitoring device designed to detect continuously and automatically the failure of the primary or secondary containment structure or the presence of a release of hazardous waste into the secondary containment structure.

  • distance education system means the system of imparting education through any means of communication, such as broadcasting, telecasting, correspondence courses, seminars, contact programmes or the combination of any two or more such means;

  • Irrigation System means such major, medium and minor irrigation system for harnessing water for irrigation and other allied uses from Government source and includes reservoirs, open head channels, diversion systems, lift irrigation schemes, anicuts, tanks, wells and the like.

  • Transportation System means the facilities at any time in place to receive Shipper’s Gas at the Entry Point(s), process, handle, transport and redeliver the Gas at the Exit Point(s), in accordance with the Transportation Agreement, as detailed in Transportation System Description.

  • Data Collection System means software designed for collection, tracking and reporting 17 outcomes data for Resident enrolled in the FSP Programs.

  • Production System means a live SAP system used for running Licensee’s internal business operations and where Licensee’s data is recorded.

  • Reservation System means the Contributor's Reservation Terminal and Reservation System equipment and software, if any.

  • deforestation means direct human-induced conversion of forested land to non-forested land.

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  • Radiation therapy simulation system means a radiographic or fluoroscopic x-ray system intended for localizing the volume to be exposed during radiation therapy and confirming the position and size of the therapeutic irradiation field.

  • Storm water management plan means a comprehensive plan designed to reduce the discharge of pollutants from storm water after the site has under gone final stabilization following completion of the construction activity.

  • Vapor collection system means a vapor transport system which used direct displacement by the gasoline being transferred to force vapors from the vessel being loaded into either a vessel being unloaded or a vapor control system or vapor holding tank.

  • Wastewater collection system means the sewer and pumping system used for the collection and conveyance of domestic, commercial and industrial wastewater; and

  • Electric distribution system means the part of the electric system, after the transmission system, that is dedicated to delivering electric energy to an end user.

  • Renewable energy system means a fixture, product, device, or interacting group of fixtures, products, or devices on the customer's side of the meter that use 1 or more renewable energy resources to generate electricity. Renewable energy system includes a biomass stove but does not include an incinerator or digester.

  • Stormwater management plan means the set of drawings and other documents that comprise all the information and specifications for the programs, drainage systems, structures, BMPs, concepts and techniques intended to maintain or restore quality and quantity of stormwater runoff to pre-development levels.

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