Paretoanalysis
Barron's Accounting Dictionary:
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Paretoanalysis
Analysis used to differentiate between the vital few and the trial many. It is based on the concept that about 80 percent of the problems come from 20 percent of the items. Pareto analysis can be used to identify cost drivers or activity drivers that are responsible for the majority of cost incurred by ranking the cost drivers in order of value.
See also cost driver analysis ; activity driver analysis .
See also cost driver analysis ; activity driver analysis .
| Parent Company, Parameter, Parallel Processing | |
| Parity Computers:, Parity Price, Paritycheck |
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Barron's Accounting Dictionary
Dictionary of Accounting Terms. Copyright © 2010 by Barron's Educational Series, Inc. All rights reserved.
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