Match the Definition with Its Term

question 71

Multiple Choice

Match the definition with its term.
-An SBA program that helps to finance companies that plan to transform laboratory research into marketable products

• A)7(a) Loan Guaranty Program
• B)7(m) Microloan Program
• C)Certified Development Company (CDC) 504 Loan Program
• D)community-based financial institution
• E)formal venture capitalists
• F)informal venture capital
• G)loan covenants
• H)Small Business Innovative Research (SBIR) Program
• I)small business investment companies (SBICs)

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Definitions:

Manufacturing Costs Assigned

Direct and indirect expenses attributed to the production of goods.

Job Cost Sheets

A document used to record and track the expenses associated with a specific job or project, aiding in the calculation of its total cost.

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead to individual products or job orders based on a consistent measure, such as direct labor hours.

Total Manufacturing Costs

The aggregate of all expenditures involved in the production of goods, including materials, labor, and overhead expenses.