Question
1. Managers that study drawings and engineering specifications provided by a comapny to make decisions about technical details is an example of which in the
1. Managers that study drawings and engineering specifications provided by a comapny to make decisions about technical details is an example of which in the five step decision making process:
A. Identify the problems with uncertainties. B. Obtain information C. Make predictions about the future
D. Make decision by choosing among alternatives E. Implement the decision, evaluate perfoemance, and learn
2. In the service sector, an example of the job- costing method is movies produced by Universal Studio.
A. True B. False
3. Which approach is known for spreading the underallocated overhead or overallocated overhead among ending work in process inventory , finished goods inventory, and cost of goods sold?
A. Proration B. Numerator reason. C. Denominator reason D. Adjusted allocation- rate E. Write- off to cost of goods sold.
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