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Allocate |
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Allocate On a balance sheet, to spread an expense over more than one accounting period. One of the most prominent examples of allocation is depreciation, which spreads the cost of an asset over a certain number of years. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The IRS issued final regulations (TD 9208) clarifying how taxpayers
may (1) avoid application of the automatic generation-skipping transfer
(GST) tax exemption allocation rules applicable to transfers to a GST
trust and (2) terminate such an election.
Utility Allocation combines actual usage data with the applicable
utility tariff to enhance accuracy and ensure fairness in
landlord-tenant energy billing.
Realization and allocation are central concepts of current GAAP, but
they are the very reason why GAAP does such a poor job of reporting the
real-world effects of economic events. |
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