Provide an Appropriate Response

question 38

True/False

Provide an appropriate response.
-An earthquake of magnitude 2 will do twice as much damage as an earthquake of magnitude 1.

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Definitions:

Step-down Method

A method used in cost accounting to allocate service department costs to producing departments, considering inter-departmental services.

Step-down Method

An accounting method used for allocating indirect costs to different departments based on a hierarchy where the first allocation base is the costliest department.

Personnel Department

The division of a business that is focused on activities relating to employees, such as hiring, training, and benefits administration.

Number Of Employees

The total count of individuals employed by a business or organization at a specific point in time.