In His New Employee Orientation Training, Fabian Heard Meredith, His

Multiple Choice

In his new employee orientation training, Fabian heard Meredith, his new accounting supervisor, explain, "At Williams Corporation, we do not use traditional cost accounting. Rather, we use activity-based costing, or ABC. According to ABC, we ________ costs according to what our employees do, rather than what the company spends."

A) audit
B) expend
C) trade
D) allocate
E) benchmark