What Does the Term "Billable Time" Mean as It Pertains

question 43

Multiple Choice

What does the term "billable time" mean as it pertains to payroll accounting?

• A)It is employee labor that may be billed to customers.
• B)It is employee labor that does not pertain to labor on customer jobs.
• C)It is non-employee labor that the company must pay.
• D)It is non-traceable labor that a company must absorb as overhead.

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