If a Firm Has Implemented Activity-Based Procedures for Home Office

question 44

Multiple Choice

If a firm has implemented activity-based procedures for home office expenses, it will

• A) allocate all home office expenses on the basis of sales revenues.
• B) allocate all home office expenses to homogeneous cost pools.
• C) allocate the costs in a pool using a predetermined rate per unit of activity.
• D) both a and B

---

Definitions:

Equal Rights

The principle that all people should be treated equally under the law without discrimination.

Joint Tenancy

A type of co-ownership of property where each party owns the property equally and has the right of survivorship.

Unmarried Couple

A pair of individuals in a romantic relationship who live together but are not legally married.

Tenancy by the Entirety

A form of joint property ownership available only to married couples, where each spouse has an undivided interest in the property and right of survivorship.