1.0Glossaryhttps://www.healthbenefitstimes.com/glossaryGlossaryhttps://www.healthbenefitstimes.com/glossary/author/adminglossary/Cost allocation - Definition of Cost allocationrich600338<blockquote class="wp-embedded-content" data-secret="wmzY2dNK1k"><a href="https://www.healthbenefitstimes.com/glossary/cost-allocation/">Cost allocation</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.healthbenefitstimes.com/glossary/cost-allocation/embed/#?secret=wmzY2dNK1k" width="600" height="338" title="“Cost allocation” — Glossary" data-secret="wmzY2dNK1k" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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An accounting procedure by which costs that cannot be clearly identified with any specific cost center are distributed among cost centers, and by which the costs of support services are distributed among revenue-producing services so as to be recovered in the charges.