Wednesday, December 3, 2014

What is Cost pool



Cost pool: Cost pool is a collection of costs that are to be assigned to cost objects. Costs are often pooled because they have the same cost driver.  An example of a cost pool is all costs related to material handling in a manufacturing firm.

0 comments:

Post a Comment

Application of Forensic Audit in Private and Public Sector Organizations

Forensic auditing has emerged as a powerful tool in both private and public sector organizations to combat fraud, ensure transparency, and m...