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Palin Inc. has started a new system of allocating costs according to what their employees do , rather than what the company spends. For example,

Palin Inc. has started a new system of allocating costs according to what their
employees do, rather than what the company spends. For example, labor expenses
are allocated to employee tasks rather than salary and benefits. This practice is
referred to as
cost accounting.
activity-based costing.
accounting auditing.
task accounting.
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