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An expense and cost recovery system (ECRS) is a specialized subset of "extract, transform, load" (ETL) functioning as a powerful and flexible set of applications, including programs, scripts and databases designed to improve the cash flow of businesses and organizations by automating the movement of data between cost recovery systems, electronic billing from vendors, and accounting systems.
The Modified Accelerated Cost Recovery System (MACRS) is the current tax depreciation system in the United States. Under this system, the capitalized cost (basis) of tangible property is recovered over a specified life by annual deductions for depreciation. The lives are specified broadly in the Internal Revenue Code.
This stabilized rate policy protects appropriated fund customers from unforeseen cost changes, and also minimizes fluctuations in planned NWCF work levels, permitting a more effective use of NWCF resources. In conjunction with the stabilized rate policy, the NWCF uses a cost recovery, or breakeven policy.
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Search and Recover™ helps you instantly recover deleted photos, documents, videos, MP3 files, and more. The easy-to-use interface allows you to quickly sort through irrelevant files to rescue your precious data—be it from a hard drive, a floppy disk, a CD/DVD, an MP3 player, a digital camera, or any other portable device.
A cost is the cash value of the resource as it is used. For example, an outlay is made when a vehicle is purchased, but the cost of the vehicle is incurred over its active life (e.g., ten years). The cost of the vehicle must be allocated over a period of time because every year of its use contributes to the depreciation of the vehicle's value.
True Cost Accounting (TCA) is an accounting approach that measures and values the hidden impacts of economic activities on the environment, society and health. TCA is also referred to as “full cost accounting” (FCA) or “multiple capital accounting (MCA)”. [ 1 ]
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