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.
Term limits in the United States. There are a number of term limits to offices in the United States, which restrict the number of terms an individual can hold a certain office. Federal term limits. The Twenty-Second Amendment to the United States Constitution says that no person can be elected President of the United States more than twice.