Centralized Architecture and Mainframe Computing Are Used Frequently to Process

question 13

True/False

Centralized architecture and mainframe computing are used frequently to process high volumes of transactions,such as credit card transactions,customer billing,and automated teller machine transactions.

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Definitions:

Departmental Overhead Rate Method

A calculation used in cost accounting to allocate overhead expenses to specific departments based on their respective share of direct costs or activity levels.

Allocation Base

A criterion or measure, such as direct labor hours or machine hours, used for allocating costs among multiple cost objects.

Allocation Base

A criterion or standard used to allocate costs among different cost objects, like departments or products.

Overhead Rate

is a calculation that determines how much of overhead cost should be allocated to each unit of production or service, commonly based on direct labor hours, machine hours, or other activity drivers.