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.
Article II of the U.S. Constitution outlines the limitations on the executive branch of the government, but it does not mention term limits for either the president or the vice president. It was not until 1951, with the passage of the 22nd Amendment, that the two-term limit for president became law. The amendment does not limit the vice president's term, however. While a vice president can theoretically serve indefinitely, no vice president has ever served longer than two terms.