Stichworte costs expenses

Stichworte: costs expenses

Which of the following costs will vary directly with the level of production Mcq?

Which of the following costs will vary directly with the level of production Mcq?

How can the use of vpns in the workplace contribute to lower operating costs?

How can the use of vpns in the workplace contribute to lower operating costs?

Temporary accounts include assets, expenses, and the owner’s drawing account.

Temporary accounts include assets, expenses, and the owner’s drawing account.

Is an input measure of the resource costs associated with goal accomplishment?

Is an input measure of the resource costs associated with goal accomplishment?

Which of the following costing systems is the only one to use estimated costs?

Which of the following costing systems is the only one to use estimated costs?

All of the following are various types of e marketing costs incurred by site developers except

All of the following are various types of e marketing costs incurred by site developers except

True or false: direct costs are very difficult to measure and, thus, are often estimated.

True or false: direct costs are very difficult to measure and, thus, are often estimated.

What are some possible reasons for high and rising costs of health care Quizlet

What are some possible reasons for high and rising costs of health care Quizlet

The sum of an individual deductible and cost-sharing expenses is called quizlet

The sum of an individual deductible and cost-sharing expenses is called quizlet

Each of the following organizations would most likely use job costing except ________.

Each of the following organizations would most likely use job costing except ________.

Match the types of channel costs in the left column to the correct description in the right column.

Match the types of channel costs in the left column to the correct description in the right column.

The computation of equivalent annual costs is useful when comparing projects with _____ lives.

The computation of equivalent annual costs is useful when comparing projects with _____ lives.

Which of the following accounting principles is concerned with recording expenses in the same period as the revenues they were used for?

Which of the following accounting principles is concerned with recording expenses in the same period as the revenues they were used for?

Labor costs that can be easily and conveniently traced to specific products are

Labor costs that can be easily and conveniently traced to specific products are

When standard overhead costs are charged to production during the period, ______

When standard overhead costs are charged to production during the period, ______

What is a forecast of income and expenses that can be projected over five years?

What is a forecast of income and expenses that can be projected over five years?

Why cant traditional product costing systems account for costs of volume diversity?

Why cant traditional product costing systems account for costs of volume diversity?

Which of the following costs should be capitalized in the costs of acquiring a building?

Which of the following costs should be capitalized in the costs of acquiring a building?

Which AWS service offers guidance on how you can further optimize your costs and identify areas to save money?

Which AWS service offers guidance on how you can further optimize your costs and identify areas to save money?

The method for allocating service department costs that requires the least clerical work is

The method for allocating service department costs that requires the least clerical work is

Under which of the following terms will the buyer be required to pay transportation costs?

Under which of the following terms will the buyer be required to pay transportation costs?

Under the absorption costing, the following are considered as product costs except

Under the absorption costing, the following are considered as product costs except

When the goods are sold their costs are transferred from work in process to finished goods True or false?

When the goods are sold their costs are transferred from work in process to finished goods True or false?

The primary purpose for allocating common costs to joint products is to determine

The primary purpose for allocating common costs to joint products is to determine

Can companies successfully pursue low costs and differentiation at the same time?

Can companies successfully pursue low costs and differentiation at the same time?

What method of accounting would a government owned hospital use to record its revenues and expenses?

What method of accounting would a government owned hospital use to record its revenues and expenses?

When preparing a budget fixed expenses should include which of the following items

When preparing a budget fixed expenses should include which of the following items

Which inventory costing methods are based on assumptions that accountants make about the flow of inventory costs?

Which inventory costing methods are based on assumptions that accountants make about the flow of inventory costs?

When costs can be traced to a particular cost object in an economically feasible way the cost is a quizlet?

When costs can be traced to a particular cost object in an economically feasible way the cost is a quizlet?

When costs can be traced to a particular cost object in an economically feasible way the cost is a direct cost?

When costs can be traced to a particular cost object in an economically feasible way the cost is a direct cost?

The gross pay, benefits and job expenses for two different employees are shown below

The gross pay, benefits and job expenses for two different employees are shown below

Which one of the following costs was incurred in the past and Cannot be recouped select one incremental side sunk opportunity erosion?

Which one of the following costs was incurred in the past and Cannot be recouped select one incremental side sunk opportunity erosion?

Which one of the following costs was incurred in the past and Cannot be recouped select one A incremental B side C sunk D opportunity E erosion?

Which one of the following costs was incurred in the past and Cannot be recouped select one A incremental B side C sunk D opportunity E erosion?

Under a blank______ pricing strategy, prices are set high to quickly recover development costs.

Under a blank______ pricing strategy, prices are set high to quickly recover development costs.

What is computed by dividing expenses incurred during the year by premiums earned?

What is computed by dividing expenses incurred during the year by premiums earned?

Costs incurred by a company that may develop its own goodwill internally should be

Costs incurred by a company that may develop its own goodwill internally should be

Why should factory overhead expenses be separated from corporate overhead expenses

Why should factory overhead expenses be separated from corporate overhead expenses

The financial statement that summarizes revenues and expenses for a period of time is the

The financial statement that summarizes revenues and expenses for a period of time is the

When inventory costs are rising, this method yields the highest cost of goods sold.

When inventory costs are rising, this method yields the highest cost of goods sold.

Operating expenses are classified into two categories: selling expenses and cost of goods sold.

Operating expenses are classified into two categories: selling expenses and cost of goods sold.

The amount remaining after all expenses are deducted from total revenues is referred to as _____.

The amount remaining after all expenses are deducted from total revenues is referred to as _____.

Profit = (selling price per unit × quantity sold) – ( expense per unit × quantity sold) – expenses.

Profit = (selling price per unit × quantity sold) – ( expense per unit × quantity sold) – expenses.

Which of the following costs changes in direct proportion to a change in the activity level?

Which of the following costs changes in direct proportion to a change in the activity level?

Which of the following is an advantage of using practical capacity to allocate costs?

Which of the following is an advantage of using practical capacity to allocate costs?

Which items below are expenses associated with the property that are used to arrive at Noi?

Which items below are expenses associated with the property that are used to arrive at Noi?

When an organization implements a division of labor the result is that the organization grows along with operating costs?

When an organization implements a division of labor the result is that the organization grows along with operating costs?

What are the three costs that are added to Work in Process accounts of a manufacturing company?

What are the three costs that are added to Work in Process accounts of a manufacturing company?

Why should a service departments budgeted costs rather than its actual costs be charged to operating departments quizlet?

Why should a service departments budgeted costs rather than its actual costs be charged to operating departments quizlet?

Standard costs are Preset costs for delivering a product or service under normal conditions

Standard costs are Preset costs for delivering a product or service under normal conditions

Is a segment of an organisation whose manager is responsible for both revenues and costs?

Is a segment of an organisation whose manager is responsible for both revenues and costs?

Does the standard unemployment rate underestimate or overestimate the employment problem?

Does the standard unemployment rate underestimate or overestimate the employment problem?

______ resource prices raise production costs and, assuming a fixed product price, ______ profits.

resource prices raise production costs and, assuming a fixed product price, profits.

The present value of $200,000 development costs in year 0 assuming a 10% discount rate is:

The present value of $200,000 development costs in year 0 assuming a 10% discount rate is:

Which of the following costs is relevant in deciding whether to sell joint product at split

Which of the following costs is relevant in deciding whether to sell joint product at split

Which of the following expenses is considered a controllable expense by profit center managers

Which of the following expenses is considered a controllable expense by profit center managers

For a supervisor of a manufacturing department, which of the following costs are controllable

For a supervisor of a manufacturing department, which of the following costs are controllable

All costs that are incurred between the split-off point and the point of sale are known as

All costs that are incurred between the split-off point and the point of sale are known as

Which of the following principles in the Belmont Report includes balancing potential costs and benefits to research participants?

Which of the following principles in the Belmont Report includes balancing potential costs and benefits to research participants?

What are the three inventory accounts used to record manufacturing cost in what order are these accounts used?

What are the three inventory accounts used to record manufacturing cost in what order are these accounts used?

Companies with large amounts of fixed costs will generally have a high operating leverage.

Companies with large amounts of fixed costs will generally have a high operating leverage.

The cost of land typically includes the purchase price and all of the following costs except

The cost of land typically includes the purchase price and all of the following costs except

Which inventory method will result in the lowest reported net income during periods with rising costs group of answer choices?

Which inventory method will result in the lowest reported net income during periods with rising costs group of answer choices?

Moneys collected in advance from borrowers to assure the payment of recurring costs are known as:

Moneys collected in advance from borrowers to assure the payment of recurring costs are known as:

Are selling and administrative expenses treated as product costs or period costs under variable costing What about manufacturing overhead MOH costs?

Are selling and administrative expenses treated as product costs or period costs under variable costing What about manufacturing overhead MOH costs?

Using absorption costing, which of the following manufacturing costs are assigned to products?

Using absorption costing, which of the following manufacturing costs are assigned to products?

The manager of a(n) center has control over costs, revenue, and investments in operating assets.

The manager of a(n) center has control over costs, revenue, and investments in operating assets.

Which financial statement shows a firms bottom line its profit or loss after costs expenses and taxes for a specific period?

Which financial statement shows a firms bottom line its profit or loss after costs expenses and taxes for a specific period?

What results from the added costs incurred as a result of exporting products from one country to another quizlet?

What results from the added costs incurred as a result of exporting products from one country to another quizlet?

What pricing concept is used if all costs are considered and a fair markup is added to determine the selling price quizlet?

What pricing concept is used if all costs are considered and a fair markup is added to determine the selling price quizlet?

Is the effort expended to identify those factors that are the root causes of activity costs?

Is the effort expended to identify those factors that are the root causes of activity costs?

What causes any differences between costs and profitability between traditional and ABC systems?

What causes any differences between costs and profitability between traditional and ABC systems?

To identify the best cost driver for a particular allocation consideration should be given to

To identify the best cost driver for a particular allocation consideration should be given to

Which of the following are the variable costs relative to number of units produced and sold?

Which of the following are the variable costs relative to number of units produced and sold?

Which of the following terms best represents the systematic reductions in production costs that have been observed to occur over the life of a product?

Which of the following terms best represents the systematic reductions in production costs that have been observed to occur over the life of a product?

The first step in setting the right price for a new product is to estimate demand, costs and profits

The first step in setting the right price for a new product is to estimate demand, costs and profits

What type of report summarizes the income and expenses of a company over a period of time and reports the difference as net profit or loss?

What type of report summarizes the income and expenses of a company over a period of time and reports the difference as net profit or loss?

Which of the following riders added to a life insurance policy can pay part of the death benefit to the insured to cover expenses incurred in a nursing convalescent home?

Which of the following riders added to a life insurance policy can pay part of the death benefit to the insured to cover expenses incurred in a nursing convalescent home?

Which of the following riders added to a life insurance policy can pay part of the death benefit to the insured to cover expenses?

Which of the following riders added to a life insurance policy can pay part of the death benefit to the insured to cover expenses?

Which of the following is the type of costs have not yet been incurred but will be incurred in future because of decisions that have already been taken?

Which of the following is the type of costs have not yet been incurred but will be incurred in future because of decisions that have already been taken?

Which of the following statements represents a similarity between financial and management accounting?

Which of the following statements represents a similarity between financial and management accounting?

The difference between a companys revenues and the expenses needed to operate the business is its:

The difference between a companys revenues and the expenses needed to operate the business is its:

Which of the following types of budgets plot anticipated sales or revenues against expenses?

Which of the following types of budgets plot anticipated sales or revenues against expenses?

When a firm buys on the marketplace what it Cannot make itself the costs incurred are referred to as costs?

When a firm buys on the marketplace what it Cannot make itself the costs incurred are referred to as costs?

What are the main elements necessary for ensuring that costs are appropriately charged quizlet?

What are the main elements necessary for ensuring that costs are appropriately charged quizlet?

What do you call the earning of a business after all the costs have been deducted from total sales?

What do you call the earning of a business after all the costs have been deducted from total sales?

Which term is used for the amount you are left with after subtracting overhead expenses from the departmental profit?

Which term is used for the amount you are left with after subtracting overhead expenses from the departmental profit?

What term refers to the amount of money a business takes in after the expenses needed to operate the business have been deducted from the revenue?

What term refers to the amount of money a business takes in after the expenses needed to operate the business have been deducted from the revenue?

Which financial statement provides information about a companys revenues and expenses during a specific period?

Which financial statement provides information about a companys revenues and expenses during a specific period?

What is a financial statement that summarizes revenue and expenses for a specified period called?

What is a financial statement that summarizes revenue and expenses for a specified period called?

What is a financial statement that summarizes revenue and expenses for a specified period called quizlet?

What is a financial statement that summarizes revenue and expenses for a specified period called quizlet?

What are the effects on the financial statements of failure to take up accrued expenses accrued revenues?

What are the effects on the financial statements of failure to take up accrued expenses accrued revenues?

What type of entry will decrease the normal balances of the accounts prepaid insurance and prepaid expenses and insurance expense?

What type of entry will decrease the normal balances of the accounts prepaid insurance and prepaid expenses and insurance expense?

What type of entry will increase the normal balance of an account that reports the amount owed as of the balance sheet date for a companys accrued expenses?

What type of entry will increase the normal balance of an account that reports the amount owed as of the balance sheet date for a companys accrued expenses?