Cost accounting. Cost accounting is a process of collecting, recording, classifying, analyzing, summarizing, allocating and evaluating various alternative courses of action & control of costs. Its goal is to advise the management on the most appropriate course of action based on the cost efficiency and capability.
FDR was the first and only president to serve more than two terms. Passed by Congress in 1947, and ratified by the states on February 27, 1951, the Twenty-Second Amendment limits an elected president to two terms in office, a total of eight years.
The proposal would limit senators to two terms (12 years total) and representatives to three terms (six years total). President-elect Trump campaigned on reining in Congress by implementing term limits, though it is unclear if the incoming administration has been involved in the proposal, which comes during Congress' first week in session this year.