Which of the Following Is True of a Function

question 39

Multiple Choice

Which of the following is true of a function?

• A)Takes a value or values
• B)Performs a calculation
• C)Returns a result to the cell
• D)Contains arguments

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Definitions:

Step-down Method

An allocation technique used in cost accounting to distribute indirect costs to various departments or products step by step, considering interactions among the departments.

Allocation Base B

Refers to a criterion or standard used to distribute costs among different cost objects, often used in activity-based costing.

Step-down Method

An accounting approach for distributing overhead expenses across different departments or products.

Personnel Department

The division within an organization tasked with managing employee-related processes including hiring, training, and benefits administration, commonly known as the human resources (HR) department.