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.
Relevance. Rating Newest Oldest. Best Answer: Unfortunitly, there is no term limit for congress, Senators serve 6 year terms and can be re-elected over and over again, Strom Thurmond republican, s.c. served eight terms in the U.S. senate, from 1955 until he retired at the age of 100. Source(s): America at Odds by Sidlow and Henschen.