Allocation Method definition

Allocation Method. A common industry utilized allocation method that derives an allocation factor by giving an equal weighing to three factors: revenues, number of employees and assets. In this application, the formula derives an allocation factor by giving an equal weight to the ratio of revenues, assets and number of personnel within the cost centers. ***Employee Count - Allocation Item Description: Expenses in this category include those costs incurred which benefit employees such as the servicing and administration of employee benefit plans of various types and payroll processing.

Allocation Method means the procedure used to assign portions of the Gas flows at a Point of Receipt or Point of Delivery to the various Transportation Contracts moving gas at the location;

Allocation Method. The 100% allocator is used when expenses are specific to the individual cost centers.

Examples of Allocation Method in a sentence

• The references in clauses 6.5.6(b)(2) and 6.5.7(b)(2) to the Cost Allocation Method are, if paragraph (a) is applicable, to be read as references to the proposed Cost Allocation Method submitted with the building block proposal.

• Clause 6.15.4(a) applies to a Victorian Distribution Network Service Provider as if, instead of requiring submission of the provider's proposed Cost Allocation Method within 12 months after the commencement of Chapter 6, it required submission of the proposed Cost Allocation Method together with the first building block proposal to be submitted by the provider after the commencement of Chapter 6.

• Cost Allocation GuidelinesFor a Transmission Network Service Provider – the guidelines referred to in clause 6A.19.3. For a Distribution Network Service Provider – the guidelines referred to in clause 6.15.3. Cost Allocation MethodFor a Distribution Network Service Provider, the Cost Allocation Method approved by the AER for that Distribution Network Service Provider under clause 6.15.4(c) and (d) as amended from time to time in accordance with clause 6.15.4(f) and (g).

• Contract/Order Payment Clause Type of Payment Request Supply Service Construction Payment Office Allocation Method 52.212-4 (Alt I), Contract Terms and Conditions—Commercial Items 52.216-7, Allowable Cost and Payment 52.232-7, Payments under Time-and-Materials and Labor-Hour Contracts Cost Voucher X X N/A Line item specific proration.

• Obtain an understanding of internal controls, assess risk, and test internal controls as required by OMB Circular A-133, §___.500(c).(2) Determine whether costs that are directly allocated to an award using the Direct Allocation Method are prorated using a base that accurately measures the benefits provided to each award or activity.

More Definitions of Allocation Method

Allocation Method means the method of allocating Loans to Bank in any given month based on the requirements set forth in Exhibit E, which may be updated from time to time as may be agreed to by Bank and Sunlight

Allocation Method means the procedure used to assign portions of the Gas flows at a Point of Receipt or Point of Delivery to the various Customer Agreements and Rate Schedules.

Allocation Method means the method by which EHP and EPC shall identify the employees and former employees assigned to the EHP Group and the employees and former employees assigned to the EPC Group as set forth in Schedule A.

Allocation Method. Expenses are allocated based on the ratio of the total number of assets maintained for the cost center to the number of assets maintained for all of the cost centers. ***Customer Service - Allocation

Allocation Method. Expenses are allocated based on the ratio of cost center customers to the total number of customers. *Information Systems - Allocation

Allocation Method. The method used to derive this allocator is based on the number of network user ids of each cost center compared to the total number of network user ids. *Building Allocation - Allocation

Allocation Method. Costs are allocated based on the ratio of square footage occupied by each cost center compared to the square footage occupied by all of the cost centers.