AllMax Enterprises Has Begun a New System of Allocating Costs

question 20

Multiple Choice

AllMax Enterprises has begun a new system of allocating costs according to what their employees do,rather than what the company spends.For example,labor expenses are allocated to employee tasks rather than salary and benefits.This practice is referred to as

• A)cost accounting.
• B)accounting auditing.
• C)task accounting.
• D)activity-based costing.
• E)allocation costing.

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Definitions:

Extrinsic Motivation

Motivation driven by external rewards, such as money or praise, rather than intrinsic satisfaction from the activity itself.

Growth Motivation

An internal drive to achieve personal improvement, learn new skills, and seek out new challenges.

Achievement Motivation

The drive or desire to accomplish goals, excel, and achieve competence and mastery in tasks.

Creativity

The ability to generate new ideas, alternatives, or possibilities that may be useful in solving problems, communicating with others, and entertaining.