Core Rentals Has Begun a New System of Allocating Costs

question 50

Multiple Choice

Core Rentals has begun a new system of allocating costs according to the tasks their employees perform and the amount of time they spend on the particular tasks.This practice adopted by Core Rentals is referred to as ____.

• A) unit-based accounting
• B) time-based auditing
• C) task accounting
• D) activity-based costing
• E) allocation costing

---

Definitions:

Reapply

The action of applying a previous action or setting again in order to ensure current data or content conforms to a specific standard or format.

Filter

A tool in data processing and analysis that allows for the narrowing down of data sets by specifying criteria to display only the data that meet those criteria.

LOCATE

A command or function in programming and software applications that is used to find and identify the position of a specified piece of data within a file or database.

LOOKUP

A function used in spreadsheet programs that searches one or more rows or columns for a specified value and returns a corresponding value from a different row or column in the same range.