Cost allocation is an important tool for any business to understand expenses. It can help managers understand the sustainability of their services and identify costs before they get out of control.

Cost allocation serves several purposes. Also referred to as cost apportionment, this practice of identifying the source of an expense and assigning the cost accordingly is an important factor in ...

Federal regulations require that similar costs be treated consistently as either direct costs or indirect costs, in like circumstances. This regulation imposes a requirement on the University to ...

Not-for-profit entities (NFPs) are under constant pressure to devote an increasing portion of their expenditures to accomplishing their mission programs. While this goal sounds appealing, the NFP must ...

My first article in this series, “Ten Steps to Modifying User Behavior and Reducing IT Costs,” described 10 steps IT departments could take to negotiate the road to demand management by modifying user ...

Transmission lines here have started construction or are near ready, among others set to add about 15% of added capacity to help decarbonize U.S. power systems, says a new analysis. At least 36 ...

Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. Investopedia / Paige ...

The transition to green energy is often seen through two different lenses: a burden or an opportunity. Grid modernization refers to a comprehensive transformation of the traditional power grid to ...