In general,how are the expenses associated with the payroll accountant's labor allocated in a firm?
A)They are billed directly to a customer.
B)They are allocated to one department.
C)They are reported as part of the firm's overhead.
D)They are billed directly to each department manager.

Question

Quizplus · Accepted Answer

The expenses associated with the payroll accountant's labor are generally reported as part of the firm's overhead, which includes indirect expenses necessary to run the business but cannot be directly attributed to a specific product or service. These expenses are usually allocated to the different departments and cost centers based on a predetermined allocation method that reflects the nature and level of their use. For example, the payroll accountant's wages may be allocated to each department based on the number of employees or payroll transactions processed by that department.

In General,how Are the Expenses Associated with the Payroll Accountant's