The Step/s Used in Cost Allocation Include/s

question 71

Multiple Choice

The step/s used in cost allocation include/s:

• A) cost application.
• B) cost distribution.
• C) support department cost allocation.
• D) All of the given answers

---

Definitions:

Savings

Money set aside for future use, often accumulating interest in a financial institution.

Rate of Return

The profit or deficit generated from an investment over an indicated time frame, shown as a ratio of the investment's initial cost.

Investments

Items or resources purchased with the aim of earning revenue or increasing in value as time progresses.

Deposit

A sum of money placed or kept in a bank account, usually to gain interest.