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Anvisha [2.4K]
3 years ago
9

A process cost system would be used for all of the following except the :____________

Business
1 answer:
yuradex [85]3 years ago
3 0

Answer:

d. printing of wedding invitations.

Explanation:

Process costing can be regarded as accounting methodology which involves the tracing as well as accumulation of direct costs, then carry it the allocation of indirect costs of a manufacturing process. There is usually assigning of Costs to products, which is in a large batch, this might not encompass an entire production of that month.

process cost system would be used for ;✓refining of petroleum.

✓manufacture of cereal.

✓production of automobiles.

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Adjusting entries: affect only cash flow statement accounts affect only balance sheet accounts affect only income statement acco
choli [55]

Answer:

affect both income statement and balance sheet accounts

Explanation:

Adjusting entry is commonly said to affects one income statement account which is the revenue or expense account. It also affect one balance sheet account which can be an asset or liability account. It usually result in a better revenues and expenses matching for the period.

They are refered to as the entry usually made at the end of at the end of the period to a given or assigned revenues to the period in which they were earned and expense to the period of being incurred.

Adjustments had five major categories which are accrued revenues, accrued expenses, unearned revenues, prepaid expenses, and depreciation. It is widely known that for every adjusting entry, it must affects at least one income statement account and one balance sheet account.

5 0
3 years ago
What is the overall purpose of​ differentiation?
Roman55 [17]
The overall purpose of differentiation is letter e, to create superior customer value. It is because differentiation is being defined as a way of making products to be more appealing or attractive in means of using unique qualities that may be of the customer's taste in a way of creating customer value.
8 0
3 years ago
The Carsons are going on a vacation back to Texas. When they lived there, Gwen Carson loved Blue Bell Cookies. Blue Bell is sold
sveticcg [70]

Answer: Specialty Product

Explanation: Blue bell cookie represents a typical example of a specialty product to Gwen, because the cookie bears a special place in her heart.

A specialty product is a product that is very special to a consumer and the consumer can go to any length to purchase them.

6 0
3 years ago
Assuming a required reserve ratio of​ 10% and the Fed purchased​ $1 million worth of​ mortgage-backed securities, make use of th
Andrew [12]

Answer:

B. Increase by $10 million.

4 0
3 years ago
Identify the right HRM practice that can assist firms in becoming a high-performance organization.
Nina [5.8K]

Answer: Statement C

Explanation: Selection system is the most important system in an organization as it is related to employing the most important asset, that is, human resource.

If a firm wants to become a high performance, the employees working in it must be efficient in their jobs and it is dependent on selection process.

If the recruiter keeps the process of recruitment completely job related and legal checks are done then it can lead to high performance.

4 0
4 years ago
Read 2 more answers
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