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What are the common sources of improprieties in assigning costs to jobs.

What are the common sources of improprieties in assigning costs to jobs.

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The following are the common source of improprieties in assigning costs to jobs:

* Misstating stage of completion:- The management required to aware about the project's stages of completion due to the evaluation of performance and cost control. The management should check is there any overstatement of costs and misstatements occurred.

* Charging costs to the wrong Jobs:- In some cases huge amounts are required to complete the job than expected or planned. Some supervisors divert some expenses from one job to another, it will mislead the management and also an unethical practice.

* Misrepresenting the cost of Jobs:- The managers use more favorable cost allocation method to project higher prices to their product and misrepresents the customers.

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