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.
Prior to 1995, some states placed limits on the number of terms a senator or representative could serve. The U.S. Supreme Court overturned those laws â and all laws adding eligibility requirements for members of Congress beyond those spelled out in the Constitution â in the case of U.S. Term Limits vs.Thornton.