Describe Methods Which May Be Used to Allocate Support Costs

question 9

Essay

Describe methods which may be used to allocate support costs within organisations containing multiple support departments.What are the advantages and disadvantages of these methods?
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Definitions:

Reject

In the context of statistical hypothesis testing, to conclude that the evidence is sufficiently strong to discard the null hypothesis.

Binge Drinking

The consumption of an excessive amount of alcohol in a short period of time, typically defined as five or more drinks for men and four or more drinks for women in about two hours.

Analysis Result

The outcome or conclusions derived from systematically examining and interpreting data.

Probability

A measure of the likelihood that an event will occur.