A Check That Is Dated Six Months or More Before

question 11

Multiple Choice

A check that is dated six months or more before it is presented for payment or deposit is called a(n)

• A)stale check.
• B)postdated check.
• C) bounced check.
• D) overdraft check.

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Definitions:

Applied Overhead

An accounting method that allocates estimated overhead costs to specific jobs or production units based on a predetermined rate or formula.

Direct Labor

Wages or costs directly associated with workers who are involved in the production of goods or services.

Continuous Process

A manufacturing or production process that operates without interruption, typically in industries where the product is produced in a flow rather than discrete units.

Applied Overhead

The portion of manufacturing overhead costs allocated to individual units of production based on a predetermined rate.