Why Is the Quantity of Documents Increasing in Litigation

question 23

Multiple Choice

Why is the quantity of documents increasing in litigation?

• A) Corporations are acquiring more storage space for paper documents.
• B) Employees are keeping more hard copies of documents in binders in the office.
• C) Electronically stored information has reduced retention costs.
• D) Companies now have paper quotas per employee.

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Definitions:

Cost Pool

A collection of indirect costs grouped together, typically for the purpose of allocating them to different products, services, or departments.

ABC

Activity-Based Costing; a method of assigning overhead and indirect costs to specific products or projects based on their use of activities.

Activity

Any action or operation within a business that incurs costs or generates revenues.

Plantwide Overhead Rate

An overhead allocation rate that applies uniformly across an entire manufacturing plant, instead of being divided by department or activity.