If There Are No Units in Process at the Beginning

question 40

Multiple Choice

If there are no units in process at the beginning of the period then

• A) the company must be using a job order cost system.
• B) only one computation of equivalent units of production will be necessary.
• C) the units started into production will equal the number of units transferred out.
• D) the units to be accounted for will equal the units transferred out and the units in process at the end of the period.

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Definitions:

Imagination-Based Strategies

Actions that involve suspending disbelief and dropping constraints in order to create unrealistic states or fantasies.

Suspends Disbelief

A condition where one temporarily accepts as believable events or characters that would ordinarily be seen as incredible or implausible.

Idea Generation

The inventive method of creating, shaping, and transmitting original ideas.

Finding Approach

A method or strategy used to discover or uncover specific information, solutions, or resources.