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 the 22nd Amendment, there was no limit to the number of terms a President could serve. After Washington did not run after serving only two terms, he set a president â¦ for Presidents to follow, as they also did not serve longer than two terms -- sort of a gentlemen's agreement to not serve more than two terms.he 22nd Amendment of the U.S. Constitution, ratified 2/27/1951,  limits the term of the President to two elected terms, or one  elected term if he or she filled more than t â¦ wo years of another  President's term. 2 people found this useful.