What Does the Term "Billable Time" Mean as It Pertains

question 2

Multiple Choice

What does the term "billable time" mean as it pertains to payroll accounting?

• A)It is employee labor that may be billed to customers.
• B)It is employee labor that does not pertain to labor on customer jobs.
• C)It is non-traceable labor that a company must absorb as overhead.
• D)It is non-employee labor that the company must pay.

---

Definitions:

Stress Response

The physical, mental, and emotional reactions or adjustments made as a response to perceived threats or challenges.

Type B Behavior

A behavior pattern characterized by a lower level of stress, patience, and a more relaxed, easy-going manner in contrast to Type A behavior.

Competitive

Characterized by or involving competition; striving to gain or win something by defeating or establishing superiority over others.

Behavioral Characteristics

Observable patterns in the actions or reactions of an individual or group in various situations.