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 President of the United States became subject to term limits in 1951 with the ratification of the 22nd. Amendment to the Constitution. It was passed after the death of Franklin Roosevelt, who was elected President. four times. The 22nd Amendment states that no President can be elected to more than two full terms. Efforts to. impose term limits on Congress have been attempted at various times, most notably in the 1990s when more than. 20 states enacted legislation to limit the terms of their members of Congress.