Which One of the Following Is an Example of an Activity

question 111

Multiple Choice

Which one of the following is an example of an activity associated with job-order cost flow?

• A)having a supervisor responsible for specific inventory functions within the manufacturing process
• B)using a job cost accountant to verify accounting records
• C)assigning costs to cost of goods sold
• D)using inventory item descriptions to track inventory costs

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Definitions:

Triple Bottom Line

An accounting framework that incorporates three dimensions of performance: social, environmental, and financial.

Corporate Social Responsibility

A business model that helps a company be socially accountable—to itself, its stakeholders, and the public—by practicing sustainable and ethical operations.

Ethical Issue

A dilemma or circumstance that requires a person or organization to choose between alternatives that must be evaluated as right (ethical) or wrong (unethical).

Stakeholders

The individuals or groups that have an interest or stake in the outcome of an organization's actions, including employees, customers, suppliers, and investors.