What Are Sites-And-Services Programs

question 3

Multiple Choice

What are sites-and-services programs?

• A) Programs which provide medical and educational services to the urban poor
• B) Programs which land speculators introduce to dupe the poor
• C) Medical centers that serve the urban and rural poor
• D) Government programs that sell the urban poor a parcel of land with basic services
• E) Programs that provide cheap electricity to public housing projects

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Definitions:

Weighted-Average Method

An accounting method used in inventory valuation or cost accounting that averages the costs of all goods available for sale based on their weights.

FIFO Method

Accounting approach where the first goods purchased or produced are the first ones removed from inventory and reported as cost of goods sold.

Cost Reconciliation

The process of checking and ensuring that the accounting records regarding costs correspond with the actual expenses incurred.

Units Transferred

The quantity of items moved from one stage of production to another, or from the production department to finished goods inventory.