Every sport has rules that all players must follow. Rules improve the game making it safer for players and more enjoyable for spectators. Rules provide a baseline for greater creativity and top performance. Businesses also follow rules for similar reasons. Under the heading, Cost Allocation, a few simple rules regulate the game. Any violation results in a penalty generally assessed against profit. While there are no formal business referees, following these three simple costing rules makes the game much more enjoyable and profitable.
Full text available at CostMatters.com/?p=220
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