Match the Terms with Their Correct Meanings

question 116

Multiple Choice

Match the terms with their correct meanings.
-Salivary gland near the ear

• A)amino acids
• B)amylase
• C)bilirubin
• D)common bile duct
• E)deglutition
• F)emulsification
• G)feces
• H)glucose
• I)hydrochloric acid
• J)insulin
• K)lipase
• L)mastication
• M)papillae
• N)parotid
• O)peristalsis
• P)pulp
• Q)pyloric sphincter
• R)triglycerides
• S)uvula
• T)villi

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Definitions:

Absorption Costing

A pricing approach that encompasses all production expenses, such as direct materials, direct labor, along with both variable and fixed overhead, in a product's cost.

Variable Costing

An accounting method that only allocates variable costs to inventory, treating fixed costs as period costs that are expensed in the period they are incurred.

Operating Income

The profit realized from a business's operations after subtracting operating expenses from gross profit, indicating the efficiency of core business activities.

Absorption Costing

A costing method where all of the costs associated with manufacturing a product are absorbed by the units produced, including both variable and fixed manufacturing costs.