________ allows firms to allocate costs accurately among departments.

Question

Quizplus · Accepted Answer

Labor distribution allows firms to allocate costs accurately among departments. It involves dividing the total labor costs of a business and assigning them to specific departments based on how much labor was used in each department. This allows for more precise cost analysis and more effective budgeting. Compensation analysis and benefit analysis are important HR functions, but do not directly aid in cost allocation.

________ Allows Firms to Allocate Costs Accurately Among Departments