The costs that were incurred in a previous process and brought into a later process as part of the product's cost are called ________ costs.

A) transferred in
B) transferred out
C) accounted for
D) to account for


A) transferred in

Business

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Which of the following statements is true of the different categories of relationships with suppliers?

A. An annual contract is an example of a coordinative relationship with a supplier. B. Selective and strategic partnerships are examples of market exchanges. C. Strategic partnerships represent the most commonly seen buyer-supplier relationship. D. The first stage involves the formation of selective or strategic partnerships. E. Functional partnerships essentially involve an integration of departments across two companies.

Business

Having the manager's compensation tied to the company's performance increases the agency problem that corporations face.

Answer the following statement true (T) or false (F)

Business

Emancipated minors are generally liable for necessaries

Indicate whether the statement is true or false

Business

A zero coupon bond is a bond that pays no interest and is offered (and initially sells) at par. These bonds provide compensation to investors in the form of capital appreciation.

Answer the following statement true (T) or false (F)

Business