process costing - meaning and definition. What is process costing
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What (who) is process costing - definition


Process costing         
ACCOUNTING METHODOLOGY THAT TRACES AND ACCUMULATES DIRECT COSTS, AND ALLOCATES INDIRECT COSTS OF A MANUFACTURING PROCESS
Process costing is an accounting methodology that traces and accumulates direct costs, and allocates indirect costs of a manufacturing process. Costs are assigned to products, usually in a large batch, which might include an entire month's production.
Activity-based costing         
METHOD OF MEASURING ECONOMIC CONSUMPTION
Activity Based Costing; Activity based costing; ABC process; Abc process; ABC Process; ABC Factors
Activity-based costing (ABC) is a costing method that identifies activities in an organization and assigns the cost of each activity to all products and services according to the actual consumption by each. Therefore this model assigns more indirect costs (overhead) into direct costs compared to conventional costing.
Legal process         
  • Example of physical [[procedural records]] from the .
  • Example of electronic consultation of physical [[procedural records]] of the .
ANY FORMAL NOTICE OR WRIT BY A COURT OBTAINING JURISDICTION OVER A PERSON OR PROPERTY
Judicial process; Process (legal)
Legal process (sometimes simply process) is any formal notice or writ by a court obtaining jurisdiction over a person or property. Common forms of process include a summons, subpoena, mandate, and warrant.