Finance Cost Allocation Rubric
Finance Cost Allocation Rubric
The rubric is designed to ensure that our cost allocation strategies are aligned with the company's overarching financial goals and comply with relevant accounting standards. The incorporation of this rubric into our financial management practices is expected to enhance transparency, accountability, and efficiency in financial reporting and decision-making.
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CRITERIA AND WEIGHTING |
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Criteria |
Description |
Weighting |
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Direct Costs |
Costs directly attributable to specific departments or projects. These are expenses that can be clearly assigned to a single cost center without the need for further allocation. This includes salaries of department-specific employees and project-specific materials. |
20% |
