Which of the following statements is TRUE of costing systems?
A) A process costing system would be used by manufacturers of custom-made perfumes.
B) A job order costing system would be used by manufacturers of baking utensils.
C) A construction company would likely use a process costing system.
D) An accounting firm would likely use a job order costing system.
D) An accounting firm would likely use a job order costing system.
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Indicate whether the statement is true or false
When bonds are sold for less than the face amount, this means that the
a. maturity value will be less than the face amount. b. maturity value will be greater than the face amount. c. bonds are sold at a premium. d. face rate of interest is less than the market rate of interest.
A rule of thumb to use for adequate trainee viewing, whether static or dynamic visuals are used, is
a. three feet of trainee distance from the screen for every inch of screen size. b. one foot of trainee distance from the trainer for every foot of screen size. c. two feet of trainee distance from the screen for every foot of screen size. d. one foot of trainee distance from the screen for every inch of screen size. e. two feet of trainee distance from the screen for every 3 inches of screen size.
Earthquake insurance may be added to your homeowners' protection with
A) a codicil. B) an umbrella clause. C) a floater. D) an endorsement.