The Underlying Principle of Allocating Direct Operating Expenses to Departments

question 175

True/False

The underlying principle of allocating direct operating expenses to departments is to assign to each department an amount of expense proportional to the revenues of that department.

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Definitions:

Washington, D.C.

The capital city of the United States, known for being the seat of the federal government.

U.S. Capitol

The building in Washington, D.C., that houses the United States Congress and is a symbol of the American people and government.

Second President

John Adams, who served as the President of the United States from 1797 to 1801, following George Washington.

Crises

Crises are situations of severe difficulty or danger, typically involving an abrupt change and requiring urgent action to prevent or mitigate a disaster.