Match the Terms with the Definitions

question 90

Multiple Choice

Match the terms with the definitions.
-The system that accumulates manufacturing costs by process, such as cutting, painting, or finishing; and assigns each unit of product passing through the process a share of the costs.

• A)Work in Process
• B)process cost system
• C)overapplied overhead
• D)direct materials
• E)materials requisition
• F)factory overhead subsidiary ledger
• G)Finished Goods Inventory
• H)materials ledger
• I)job order cost system
• J)indirect materials
• K)job cost sheet

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Definitions:

TANF

Temporary Assistance for Needy Families is a US federal program aimed at aiding families in need to become self-sufficient.

SNAP

The Supplemental Nutrition Assistance Program, a federal aid program providing food-purchasing assistance for low- and no-income people in the U.S.

Income Mobility

The extent to which individuals or households can move up or down the income distribution ladder within a society over time.

Wealth Inequality

The unequal distribution of assets among a population.