A Website Whose Content Is Created and Edited by the Ongoing

question 56

Multiple Choice

A website whose content is created and edited by the ongoing collaboration of end users is known as a(n)

• A)wiki.
• B)blog.
• C)encyclomedia.
• D)Facebook

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Definitions:

Equivalent Units

A concept used in cost accounting to express the amount of materials, labor, and overhead costs associated with partially completed goods as if they were finished.

Weaving Department

A specialized division in a manufacturing facility where threads are interlaced to make textiles or fabric.

Weighted Average Method

A cost accounting method that averages all costs of inventory available for sale during the period and assigns the average cost to both ending inventory and cost of goods sold.

Equivalent Units

A metric used in cost accounting to express the amount of work done on incomplete units of production in terms of fully completed units.