If an Individual Does Something Illegal, Whose Responsibility Is It

question 24

Multiple Choice

If an individual does something illegal, whose responsibility is it to enforce sanctions?

• A) The person who caught them
• B) The person who did the illegal action
• C) The employer of the governing entity
• D) Their coworkers

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Definitions:

Overhead Applied

The allocated manufacturing overhead costs to individual products or jobs based on a predetermined rate.

Predetermined Overhead Rate

A rate calculated before the year begins, used to allocate estimated overhead costs to products based on a chosen activity base.

Machine-Hours

The total number of hours that a machine is in operation, used as a basis for allocating manufacturing overhead costs related to machinery.

Job-Order Costing

A cost accounting system that accumulates costs for each distinct job or batch, used in situations where products or services are distinctly customizable.