Match Each Description to the Appropriate Term (A-D)

question 99

Multiple Choice

Match each description to the appropriate term (a-d) . Answers may be used more than once.
-Advertising expense

• A)Direct materials
• B)Selling and administrative expense
• C)Factory overhead
• D)Direct labor

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Definitions:

Clear

To settle a trade or transaction by exchanging financial instruments or the legal process of resolving a dispute.

Zero Balance Accounts

Bank accounts that are maintained at a zero balance by automatically transferring funds from a master account in an exact amount only when checks are presented.

Payroll Account

A bank account specifically used by businesses to process salary payments to their employees.

Safety Stock

Additional inventory kept to prevent stockouts due to variability in demand or supply lead time.