Accounting Work That Deals with the Collection, Allocation and Control

question 10

Multiple Choice

Accounting work that deals with the collection, allocation and control of costs of producing specific products and services is known as:

• A) general accounting.
• B) budgeting.
• C) cost accounting
• D) administration accounting.

---

Definitions:

Labor Costs

The total expenses related to employing personnel, including wages, benefits, taxes, and any other costs associated with workforce management.

Worker Productivity

A measure of labor efficiency, indicating the output volume produced per unit of labor input.

Talented Employees

Workers who possess significant skill, creativity, or knowledge that substantially benefits their organization.

Employee Performance

Employee Performance is the assessment of the efficiency and effectiveness of a worker's job activities and outcomes.