Definition of Booked costs

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TeachMeFinance.com - explain Booked costs



Booked costs

Costs allocated or assigned to inter-departmental or intracompany transactions, such as on-system or synthetic natural gas (SNG) production and company-owned gas used in gas operations and recorded in company books or records for accounting and/or regulatory purposes.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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