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Allocation and Activities

October 21, 2019|2 Comments

This week's episode of Conversations with Kip continues the allocation series, discussing activity based costing, and how activities can be the drivers for allocating costs to other metrics. Activities in allocation processes, are drivers of [...]

Introduction to the Allocation Series

October 8, 2019|3 Comments

A somewhat specialized financial system process is called allocation. As noted in this introduction to the series, usually financial reporting is about accumulating business events to measure things over time.  But allocation processes establish relationships [...]

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