An Objective Observation Is One

question 44

Multiple Choice

An objective observation is one

• A)that can only be made by a mechanical recording device
• B)completely free from any personal bias on the part of the observer
• C)that can be verified by a second observer
• D)that cannot be questioned

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Definitions:

Process Costing System

An accounting method used where production is continuous, assigning costs to units of product based on the processes they undergo.

Weighted-Average Method

An inventory costing method that calculates the cost of ending inventory and cost of goods sold based on the average cost of all similar items in the inventory.

Process Costing System

An accounting method used where goods are produced in a continuous process, costs are averaged over the units produced to determine per unit cost.

Dust Density Sensors

Devices used to measure the concentration of particulate matter in the air for environmental monitoring or industrial processes.