Cost Accounting System definition

Cost Accounting System means Cost Accounting Attribution and Cost Accounting Measuring System taken together;
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Cost Accounting System means an accounting system which tracks and records the Manufacturing Costs and calculates the cost per Unit of Material.
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Cost Accounting System means the system for tracking and reporting accounting data forcollection, allocation, and reporting of revenues, expenses and debt service associated with the operation of the Temporary Terminal and Terminal in such a manner that will ensure the availability of proper data to support the calculation of Tenant rentals and fees required under this Agreement.
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Examples of Cost Accounting System in a sentence

  • As a general rule all technology centers will adhere to the State Board of Education Policies and Procedures for Implementation of the Oklahoma Cost Accounting System (OCAS) and School Finance in the areas that are not covered by the technology center rules and regulations.(h) Classification of funds, cash accounts, expenditures and receipts.(1) Coding of revenue.

  • Because some states have moved to accounting systems other than the Cost Accounting System (CAS), ETA established uniform accounting codes for use by all states in reporting back to ETA.

  • Within two weeks after issuance of NTP1, Developer shall schedule a meeting with IFA to coordinate plans for both the interim and permanent offices and the construction field office(s), including the integration, accommodation, and incorporation of IFA’s requirements.

  • All technology center districts shall adhere to the State Board of Education's Policies and Procedures for Implementation of the Oklahoma Cost Accounting System (OCAS) and School Finance section entitled "School Activity Fund."(j) Factors in determining the allocation formula for technology centers.

  • Approved Cost Accounting System Documentation Proposers that do not have a Cost Accounting Standards (CAS) compliant accounting system considered adequate for determining accurate costs that are negotiating a cost- type procurementcontract must complete an SF 1408.

  • Offerors should note that if they are awarded an IDIQ contract without already having a DCAA-approved accounting system, they will not be eligible to submit proposals for task order requirements with Cost-Reimbursement CLINs until a DCAA Cost Accounting System Audit is performed and approved after IDIQ award.

  • By September 15 of each school year, all statewide alternative education funds received and expended for students participating in an alternative education program shall be reported to the State Department of Education by major object codes and by program classifications pursuant to the Oklahoma Cost Accounting System as adopted by the State Board of Education pursuant to Section 5-135 of this title.

  • The Model Cost Accounting Guidelines developed by the Oregon Department of Administrative Services pursuant to Section 3, Chapter 869, Oregon Laws 1979 are hereby adopted as the City’s Cost Accounting System to apply to public improvement projects exceeding $5,000 and constructed with City’s own equipment or personnel.

  • Since that time the fee rates have been based on cost data from the FAA’s Cost Accounting System and air traffic data from the FAA’s Traffic Flow Management System (TFMS).

  • Management Accounting; Evolution of Cost Accounting; Relationship of Cost Accounting with Mathematics, Economics and Statistics; Methods and Techniques of Cost Accounting; Characteristics of an Ideal Cost Accounting System; Installation of a Cost Accounting System; Modern Trends in Cost Accounting.


More Definitions of Cost Accounting System

Cost Accounting System means any accounting and financial management system(s) used by the State to allocate Bradley International Airport operating expenses, depreciation and amortization, and debt service to the Airport’s Landing Area, Terminal Area and Apron Area cost centers including the collection, allocation and reporting of the capital expenditures, revenues, operating expenses, assets and liabilities of the State with respect to the Airport and its operations. The Cost Accounting System shall be established and operated pursuant to generally accepted accounting principles consistently applied.
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Related to Cost Accounting System

  • Operating System refers to the software that manages Hardware for Programs and other software.

  • Applicable Accounting Standards means Generally Accepted Accounting Principles in the United States, International Financial Reporting Standards or such other accounting principles or standards as may apply to the Company’s financial statements under United States federal securities laws from time to time.

  • International Accounting Standards means the accounting standards approved by the International Accounting Standards Board from time to time.

  • financial recovery plan means a plan prepared in terms of section 141 of the MFMA

  • cost accountant means a cost accountant as defined in clause (b) of sub-section (1) of section 2 of the Cost and Works Accountants Act, 1959 (23 of 1959) and who has obtained a certificate of practice under sub-section (1) of section 6 of that Act;

  • Accounting Procedure means the principles and procedures of accounting set out in Appendix C.

  • Accounting Policies means the accounting policies and procedures set out in Part C of Schedule 4 (Accounting Policies);

  • Auditing Services means those services within the scope of the practice of a certified public accounting firm licensed under Chapter 473 of the Florida Statutes, and qualified to conduct audits in accordance with government auditing standards as adopted by the Florida Board of Accountancy.

  • Accounting Restatement means an accounting restatement that the Company is required to prepare due to the material noncompliance of the Company with any financial reporting requirement under the securities laws, including any required accounting restatement to correct an error in previously issued financial statements that is material to the previously issued financial statements, or that would result in a material misstatement if the error were corrected in the current period or left uncorrected in the current period.

  • Continuous parameter monitoring system (CPMS means all of the equipment necessary to meet the data acquisition and availability requirements of the Prevention of Significant Deterioration program, to monitor process and control device operational parameters (for example, control device secondary voltages and electric currents) and other information (for example, gas flow rate, O2 or CO2 concentrations), and to record average operational parameter value(s) on a continuous basis.

  • Capitalized Software Expenditures means, for any period, the aggregate of all expenditures (whether paid in cash or accrued as liabilities) by a Person and its Restricted Subsidiaries during such period in respect of purchased software or internally developed software and software enhancements that, in conformity with GAAP, are or are required to be reflected as capitalized costs on the consolidated balance sheet of a Person and its Restricted Subsidiaries.

  • Bid with Lowest Evaluated Cost means the bid quoting lowest cost amongst all those bids evaluated to be substantially responsive;