Choose the Correct Word or Words in Parentheses

question 30

Short Answer

Choose the correct word or words in parentheses.
-All of the checkers know how to log in to (his or her, their)cash registers.

---

Definitions:

Activity-Based Costing

An accounting method that identifies the activities a firm performs and assigns costs to products and services based on the actual consumption of resources.

Total Overhead Cost

The sum of all indirect costs of manufacturing or providing services that are not directly tied to a specific product or job.

Activity Rate

This refers to the cost driver rate used in activity-based costing to allocate costs to products or services based on the activities that those products or services require.

Activity Cost Pool

A grouping of all the costs related to a particular activity, used in activity-based costing to allocate costs to products or services.