Job-order costing system of accumulating product costs

Assignment Help Operation Management

Reference no: EM131639710

1. For which situation(s) below would an organization be more likely to use a job-order costing system of accumulating product costs rather than a process costing system?

a) Potato chip manufacturer

b) Computer consulting firm

c) Oil refinery

d) A factory that processes sugar and other ingredients into candy

2. Which of the following is a period cost?

a) Depreciation of the headquarters office building

b) Indirect labor

c) Indirect materials

d) Depreciation of the factory

3. Which of the following IMA Statement of Ethical Professional Practice standards is violated if the plant controller intentionally hides negative news?

a) Confidentiality

B) Competence

c) Integrity

d) Credibility

Reference no: EM131639710

Questions Cloud

Analyze internal organization capabilities : When using SWOT, or SWOTt, to analyze internal organization's capabilities, what impact do process limitations have on performance potential assessment?

About the affordable care act : Given the fact that the Affordable Care Act is enacted after Sicko, the documentary is somewhat outdated.

Initiate competitive response to a competitor actions : What factors affect the likelihood that your organization would initiate a competitive response to a competitor's actions?

Differences between strategic controls-financial controls : What strengths and weaknesses do traditional organizational structures provide? What are the differences between strategic controls and financial controls?

Job-order costing system of accumulating product costs : For which situation(s) below would an organization be more likely to use a job-order costing system of accumulating product costs rather than a process costing

Musical styles-social circumstances or personal tastes : Which do you think has more influence on musical styles: social circumstances or personal tastes?

Music is composed of seven elements : Music is composed of seven elements: sound, rhythm, melody, harmony, tonality, texture, and musical form.

Address the social determinants of health : Describe 4 salients points that exist on the Framework for Educating Heath Professionals to Address the Social Determinants of Health.?

Picked up too many speeding tickets in the recent past : Your friend has picked up too many speeding tickets in the recent past. Which problem solving tool(s) you can use effectively to help your friend? (why a fish b

User Account

All Pages