DEVIATION Definition

Bookmark and Share

DEVIATION is the departure from prescribed internal control. Often expressed as a rate at which the departure occurs.

Learn new Accounting Terms

RRA is Reserve Recognition Accounting.

UNALLOCATED COSTS represents corporate costs not associated either directly or indirectly in providing a product or service for sale. Unallocated costs are not included in the calculation of COST OF GOODS SOLD.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.