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 are imposed so that one person cannot hold an office for life and so a variety of people can serve. Proponents of term limits point to lifetime members of Congress as examples of why term limits are preferable to no term limits. Congress members who face little re-election competition appear to term limit proponents as unresponsive to voters and susceptible to the temptation of corruption.