Home > Term: functional accounts
functional accounts
Groupings of plant and expense accounts according to the specified function or part they play in the rendition of utility service. Utility Plant Functional Accounts - Includes Intangible, Production, Transmission, Distribution, and General Plant. Operation and Maintenance Functional Expense Accounts - Includes Production, Storage, Transmission, Distribution, Customer Accounts, Sales and Administrative and General Expenses.
0
Penulis
- JJD
- 100% positive feedback