Search results
Results From The WOW.Com Content Network
The costs of paying the bonus is still an agency cost, [4] but the company will profit from paying this cost so long as the avoided residual cost (as defined above), is greater than the bonus. [21] Another key method by which agency costs are reduced is through legislative requirements that companies undertake audits of their financial ...
The Healthcare Cost and Utilization Project (HCUP, pronounced "H-Cup") is a family of healthcare databases and related software tools and products from the United States that is developed through a Federal-State-Industry partnership and sponsored by the Agency for Healthcare Research and Quality (AHRQ).
Independent agency: 1950 $42.6 $72.6 Statistics of Income Division (Internal Revenue Service) U.S. Department of the Treasury: 1862 $39.5 $41.3 Bureau of Transportation Statistics: U.S. Department of Transportation: 1992 $38.0 $26.0 Office of Research, Evaluation, and Statistics (Social Security Administration) Independent agency: 1935 $29.3 $37.8
Overall costs of capital projects are known to be subject to economies of scale. A crude estimate is that if the capital cost for a given sized piece of equipment is known, changing the size will change the capital cost by the 0.6 power of the capacity ratio (the point six to the power rule). [16] [d]
The unit of account in financial accounting refers to the words used to describe the specific assets and liabilities that are reported in financial statements rather than the units used to measure them. That is, unit of account refers to the object of recognition or display whereas unit of measure refers to the tool for measuring it. [9]
Agency theory can be subdivided in two categories: (1) In adverse selection models, the agent has private information about their type (say, their costs of exerting effort or their valuation of a good) before the contract is written. (2) In moral hazard models, the agent becomes privately informed after the contract is written.
In response, the ODNI stated that the overall intelligence budget, or breakdowns of it, could not be calculated based on the figures in the presentation. [ 3 ] According to DIA officials who spoke to a May 2007 Defense Intelligence Acquisition Conference in Colorado , DIA contractors are filling a "workforce gap" that exists at DIA and most of ...
Activity-based costing records the costs that traditional cost accounting does not do. The overhead costs assigned to each activity comprise an activity cost pool. From a historical perspective the practices systematized by ABC were first demonstrated by Frederick W. Taylor in Principles of Scientific Management in 1911 (1911.