If each professional in a service company is paid on an annual salary basis, why might the
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a. A predetermined or budgeted rate is easier to justify to a client who might question a billing rate.
b. Professional staff persons do not keep accurate records of the jobs on which they work.
c. Professional staff incurs more client costs, such as travel, lodging, and out-of-town meals, while working on a job.
d. Year-end bonuses paid to the professional staff are difficult to trace to individual jobs.
Related Book For
Managerial Accounting
ISBN: 978-0697789938
13th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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