Following Are Allocation Bases That Are Often Used to Allocate

question 93

Multiple Choice

Following are allocation bases that are often used to allocate corporate headquarters costs to segments, divisions, or departments:
I. Revenues
II. Number of employees
III. Direct costs

• A) I and III only
• B) I and II only
• C) I, II, and III
• D) I only

---

Definitions:

Economic Thought

The evolution and diversity of ideas and philosophies regarding how economies operate and should be managed.

Landlord's Claim

The rights or interest a landlord holds in a property, including the right to receive rent and enforce lease terms.

Price Ceiling

Government-imposed maximum legal price.

Price Floor

Government-imposed minimum price (used almost exclusively to keep agricultural commodity prices up).