Ease of Adjustment Codes Definition
Ease of Adjustment Codes Definition:
Costs are coded as Green, Yellow, or Red – depending on how easily the cost could be adjusted to changes in activity. “Green” costs adjust automatically to changes in activity without any action by managers. “Yellow” costs could be adjusted in response to changes in activity, but such adjustments require management action; the adjustment is not automatic. “Red” costs could be adjusted to changes in activity only with a great deal of difficulty and the adjustment would require management action.
Other Related Accounting Articles:
- Action Analysis Report Definition
- Human Skills Definition
- Step Variable Cost Definition
- Planning Definition
- Principles of Management Definition
- Management Definition
- Managed Currency
- Managerial or Management or Cost Accounting Terms and Definitions
- Adjusted Gross Income
- Middle Managers Definition
Or
Download E accounting book in MS-word format for just 20 $ - Click here to Download