Which of the Following Statements Regarding Managers Is Most Correct

question 12

Multiple Choice

Which of the following statements regarding managers is most correct?

• A)under most employment laws, managers are not deemed to be protected employees
• B)managers are usually not individually liable when they violate employees' rights
• C)employers are liable for the actions of managers taken within the scope of their employment
• D)a and c
• E)none of the above

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Definitions:

Plantwide Factory Overhead Rate

The plantwide factory overhead rate is a single rate used to allocate all of a plant's manufacturing overhead costs to its production activities, based on a common basis such as direct labor hours.

Overhead Rates

The rates used to allocate indirect costs to products or services, representing the proportion of overheads each product or service carries.

Allocation-Base Usage

The process of distributing costs based on a predetermined criterion or base, such as machine hours or labor costs.

Activity-Based Costing

Activity-based costing is a method in accounting that assigns costs to products and services based on the resources they consume and the activities undertaken to produce them.