allocability

[US]/ˌæl.ə.kəˈbɪl.ɪ.ti/
[UK]/ˌæl.ə.kəˈbɪl.ə.ti/

Translation

n.The quality or condition of being capable of being allocated or assigned.

Phrases & Collocations

allocability criteria

cost allocability

allocability rule

allocability requirement

checking allocability

allocability assessment

allocability determination

allocability analysis

allocability principle

allocability issue

Example Sentences

the allocability of costs to specific departments is crucial for accurate budgeting.

tax authorities questioned the allocability of certain business expenses.

the allocability criteria for overhead allocation must be clearly defined.

we need to assess the allocability of these resources before proceeding.

the allocability principle requires that costs be assigned to their benefiting activities.

accounting standards dictate the allocability of indirect costs.

the audit focused on the allocability of expenditures to government contracts.

proper allocability documentation can prevent future disputes.

the allocability analysis revealed significant cost misallocations.

management must establish guidelines for the allocability of shared services.

the allocability determination depends on the specific contractual terms.

software systems can help verify the allocability of various expense categories.

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