Test Bank For Principles Of Cost Accounting Principles of cost accounting 17th edition by vanderbeck and mitchell ISBN-9781305087408
Test Bank For Principles Of Cost Accounting Principles of cost accounting 17th edition by vanderbeck and mitchell ISBN-9781305087408Test Bank For Principles Of Cost ...
a. Manufacturer.
b. Merchandiser.
c. Servicegbusiness.
d. Not-for-profitgservicegagency.
ANSWER: a
RATIONALE:
Thegbusinessgentitygthatgconvertsgpurchasedgrawgmaterialsgintogfinishedggoodsgbygusingglabor,gtechno
logy,gandgfacilitiesgisgagmanufacturer.
POINTS: 1
DIFFICULTY: Easy
LEARNINGgOBJECTIgVE PRIN.EDWA.16.1g-gIntroduction
S:
ACCREDITINGgSTANg AACSBgAnalytic
DARDS: ACCT.AICPA.FN.03g-
gMeasurementgBUSPROG.03g-
2. Thegbusinessgentitygthatgpurchasesgfinishedggoodsgforgresalegisga:
a. Manufacturer.
b. Merchandiser.
c. Servicegbusiness.
d. Wholesaler.
ANSWER: b
RATIONALE: Thegbusinessgentitygthatgpurchasesgfinishedggoodsgforgresalegisgagmerchandiser.
POINTS: 1
DIFFICULTY: Easy
LEARNINGgOBJECTIVESgPRIN.EDWA.16.1g-gIntroduction
:
ACCREDITINGgSTANDAgRD AACSBgAnalyticgACCT.AICPA.FN.03g-
S: gMeasurementgBUSPROG.03g-
3. Thegtypegofgmerchandisergwhogpurchasesggoodsgfromgthegproducergandgsellsgthemgtogretailersgthatgsellgthemgtogt
hegconsumergisga:
a. Manufacturer.
b. Retailer.
c. Wholesaler.
d. Servicegbusiness.
ANSWER: c
CengagegLearninggTesting,gPoweredgbygCogner Pageg3
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CengagegLearninggTesting,gPoweredgbygCogner Pageg4
o
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