Psychology Definition of NOISE EFFECTS: describes any physiological response or stress response to the adverse noise levels, one such example is the inability to fall asleep due to the level of s Sign in
Wiktionary(0.00 / 0 votes)Rate this definition: allocation(Noun) The process or procedure for allocating things, especially money or other resources. The allocation of new permits is on a first-come, first-served basis.
Cost allocation is the process of identifying, aggregating, and assigning costs to cost objects. A cost object is any activity or item for which you want to separately measure costs.Examples of cost objects are a product, a research project, a customer, a sales region, and a department.ost allocation is also used in the calculation of profitability at the department or subsidiary level, which in turn may be used as the basis for bonuses or the funding of additional activities. Cost allocations can also be used in the derivation of transfer prices between subsidiaries. Example of Cost Allocation.