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What is an itemization?

What is an itemization? Here are some definitions.

Noun
  1. The act of making a list of items; an itemizing.
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Examples
The amount of the insurance contract liabilities is usually the largest amount in the balance sheet, so that its itemization is desirable.
The expense side of the budget should show actual expenses and give an itemization of any large amounts.
Overhead and process costs are not assigned to activities, but are listed as the final row in the itemization.
You can create your own display variants to be able to see other information in the itemization.
An itemization only exists with sales order costing or when the standard price is transferred from a collective requirements material.
The itemization enables you to display the costs for every activity in the routing of the material costed.

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