Which of the following accurately describes a difference between job order and process costing systems?
a. In job order costing systems, overhead costs are treated as product costs, whereas in process costing systems, overhead costs are treated as period costs.
b. Job order costing systems do not need to assign costs to production, whereas process costing systems do.
c. In job order costing systems, costs are traced to products, whereas in process costing systems, costs are traced to processes, departments and work cells.
d. Since costs are assigned to products in a job order costing system, selling costs are treated as product costs in the job order costing system, whereas they are treated as period costs in process costing systems.
C
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What will be an ideal response?
Public relations includes developing good will with the following stakeholders except:
a. employees b. customers c. community d. government e. industry trade associations
Chairman Cat Products produces cat trees that are sold by several large pet stores. They sold 190, 210, and 208 cat trees in January, February, and March, respectively. Assuming that the first forecast value (for January) is set to 190, what is the exponential smoothing forecast for April? Assume a smoothing constant value of 0.4.
a. 190 b. 198 c. 202 d. Cannot be determined from the information given
What allows researchers to see how people behave and record behaviors that are relevant to the research objective?
A. observation research B. a survey C. secondary research D. a focus group E. an interview