Match Each Term with a Statement Below

question 7

Multiple Choice

Match each term with a statement below.

-Holds complete and relatively permanent data

• A)files
• B)kilobytes
• C)characters
• D)random access file
• E)master file
• F)megabytes
• G)volatile storage
• H)fields
• I)gigabytes
• J)nonvolatile storage

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Definitions:

Finishing Department

The final stage in the manufacturing process where products are completed, packaged, or prepared for sale.

Predetermined Overhead Rate

A rate calculated before the period begins, based on the estimated overhead costs and estimated activity base, used to allocate overhead costs to products.

Machine-Hours

An indicator of how much output is generated in manufacturing, determined by the total hours that machinery is in use.

Predetermined Overhead Rate

A rate calculated before the accounting period begins, based on the estimated overhead costs and estimated activity level, used to allocate overhead costs to products or services.