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What does allocation mean in accounting?
What does allocation mean in accounting?
Answer
A factor that determines the cost of an activity.
Cost drivers are analyzed as part of activity based costing and can be used in continuous improvement programs.
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Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017
This 12 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 149 views.