There Could Be Legal Challenges If Specific Performance Requirements of a Job

question 49

Multiple Choice

There could be legal challenges if specific performance requirements of a job are NOT based on which of the following?

• A) best practices in industry
• B) peer evaluations
• C) interview data
• D) valid job-related criteria

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Definitions:

Allocation

The process of assigning indirect costs to specific cost objects, such as products or departments.

Journal Entry

A record in accounting that logs a transaction and shows the affected accounts in debit and credit form.

Predetermined Overhead Rate

A rate used to allocate estimated manufacturing overhead costs to individual units of production, based on a particular activity base.

Direct Labor-Hours

The totality of hours devoted by workers directly engaged in the fabrication of products.