Nonoperating income, such as interest income, should be allocated to departments based on the total sales in each department.
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Q23: The difficulty of fairly allocating direct expenses
Q24: Departmental financial statements are internal assessment tools
Q25: A department's------------- is usually more heavily relied
Q26: Office expenses, such as postage and stationery,
Q27: Eliminating a department that has a negative
Q29: A systematic and logical way to allocate
Q30: In departmental accounting, expenses that can be
Q31: When total revenues equal total expenses, a
Q32: Expenses that are allocated to the departments
Q33: Operating expenses that cannot be easily assigned
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