Which of the Following Is a Basic Guideline That Should

question 42

Multiple Choice

Which of the following is a basic guideline that should be followed when allocating support department costs?

• A)Actual costs should always be used for allocations.
• B)Budgeted costs,not actual costs,should be allocated.
• C)Service department costs should never be allocated at the beginning of the period.
• D)Producing department costs should never be allocated at the beginning of the period.

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Definitions:

Administrative Agencies

Government bodies responsible for executing laws, issuing regulations, and overseeing compliance within a specific area or sector.

Executive Branch

The branch of government responsible for enforcing laws and managing the affairs of a state or nation, typically headed by a president or prime minister.

Courts

Institutions established by the government to administer justice through the application of law in specific cases.

Factual Determinations

Findings made by a judge or jury regarding facts that are relevant to a case.