Difference between two types of costs

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Difference between two types of costs

Postby 433017 » Thu Aug 15, 2013 1:07 pm

I would like to know what the difference is between 'transferable costs' and 'assignable costs'.

In my syllabus the following explanation is given:

transferable costs:
"e.g. In December 2011, you have paid the rent for December2011/January2012. Only 50% of the rent may be booked in book year 2011 - half of the rent amount is transferred to the next book year using a specific account"
"transferable costs are 'delay' costs"

assignable costs:
"e.g. You make an invoice every fifth window washing service turn. In the past year you have already performed 4 turns and you need to take up the return of these in the current book year, even if the invoice is made next year."

"assignable costs are 'anticipation costs'"

I still do not understand the difference much. Could someone elaborate please?
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