Difference Between Allocation and Apportionment
Allocation vs Apportionment
Allocation and apportionment are methods that are used to assign various costs to their respective cost centers. Allocation can only be used when the entire expense is directly related to one department and apportionment is used when proportions of the expense arise from a number of different departments. The article offers a clear explanation of these terms with examples and points out how these methods of assigning costs are different to each other.