ACC501 MOD4 CASE4-The Allocation Problem

ACC501 MOD4 CASE4-The Allocation Problem - The Allocation...

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The Allocation Problem ________________________ TUI University June 5, 2011 The Allocation Problem Question 1 Even though the U.S. Army Corps of Engineers are a part of the U.S. Federal government, allocating costs is a critical factor for them. A prime reason for allocating project costs is to identify who is responsible for cost recovery. Although the U.S. Army Corps of Engineers are a part of the U.S. Federal government, the government desires a fair allocation of project costs among authorized projects. Furthermore, laws and regulations exist requiring cost-sharing and specific recovery of costs incurred for certain services provided (U.S. Army Corps of Engineers, n.d.). Moreover, such areas as multipurpose planning require cost allocation in the U.S. Army Corps of Engineers relative to providing information about the extent of project costs that are reimbursable. Such cost allocations are essential to assess the financial feasibility and acceptability of the plan. Additionally, cost allocations provide vital information for budgeting incurred expenses and ensuring that cost accounts are maintained matching the plan and allocation principles. Thus, when the U.S. Army Corps of Engineers requests’ for reformation of a
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This note was uploaded on 03/25/2012 for the course ACC 501 taught by Professor Dr.paulwatkins during the Spring '12 term at Trident Technical College.

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ACC501 MOD4 CASE4-The Allocation Problem - The Allocation...

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