Reciprocal Method Definition
Reciprocal Method Definition:
A method of allocating service department costs that gives full recognition to interdepartmental services.
Other Related Accounting Articles:
- Reciprocal Services Definition
- Interdepartmental Services Definition
- Retainer Fee Approach Definition
- Step Method Definition
- Direct method Cost of Allocation Definition
- Execution Only
- Service Department Definition
- Cost to Cost Method of Revenue Recognition
- Managerial or Management or Cost Accounting Terms and Definitions
- Full Costing Definition
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