Direct Labor Hours Is Not a Cost Pool That Is

question 43

True/False

Direct labor hours is not a cost pool that is regularly used in the activity-based costing method.

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Definitions:

Gig Economy

A labor market characterized by the prevalence of short-term contracts or freelance work as opposed to permanent jobs, often facilitated by digital platforms.

Precariat Class

A social class formed by people suffering from precarity, which entails living without predictability or security, especially in employment.

Job Insecurity

The lack of certainty about one's employment status, including the risk of unemployment or underemployment.

Geographical Arbitrage

The practice of taking advantage of price differences between geographic locations by buying low in one area and selling high in another.