The Mnemonic Method

Cost Accounting Mnemonic Method The Mnemonic Method

The Mnemonic Method

This method uses as codes the letters of the alphabet in the form of
memory aids. For example:
SA for sales,
MA for maintenance;
WA for wages
AD for administration, and so on.

These letter combinations would then be used in conjunction with numbers.
The Decimal Method
This is a system of numerical codes somewhat similar to the Dewey method used in libraries.