Which of the Following Is a Collection of Data Organized

question 9

Multiple Choice

Which of the following is a collection of data organized in a manner that allows access, retrieval, and use of that data?

• A)database
• B)server
• C)spreadsheet
• D)webbase

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Definitions:

Activity-Based Costing

A pricing technique that allocates overhead and indirect expenses to corresponding products and services according to the activities they necessitate.

Plantwide Factory Overhead Allocation

Plantwide factory overhead allocation involves spreading all of the indirect costs of operating a manufacturing plant across all products based on a single cost driver.

Plantwide Factory Overhead Rate

This rate calculates the total factory overhead for a plant as a single rate, which is then applied to allocate overhead costs to different products.

Allocation-Base Usage

The process of distributing costs based on predetermined criteria or bases, such as labor hours or machine hours.