Commonly Used Terms
Allocation is the process of assigning product items from the inventory to shipping orders and then fulfilling the shipping orders from appropriate fulfilment sites such as drop-ship vendors, virtual sites, warehouses, or a retail store.
In cost accounting, distribution of costs using calculations may be unrelated to physical observations or direct or repeatable cause-and-effect relationships. Because of allocations' arbitrary nature, costs based on causal cost assignments are more relevant for management decision-making. In order management, allocation of available inventory to customer and production orders.
Currency Adjustment Factor (CAF)
Cost, Insurance and Freight (CIF)
Cost and Freight (CFR)
Contract of Carriage
Container Yard (CY)
Completely Knocked Down (CKD)
Certificate of Origin (CO)
Carriage Paid To (CPT)
Carriage And Insurance Paid To (CIP)
Cargo Agents Settlement System (CASS)
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