Which of the Following Statements About Job-Order Costing Is Not

question 5

Multiple Choice

Which of the following statements about job-order costing is not true?

• A)Materials are traced to jobs using materials requisition forms.
• B)Indirect labor is traced to jobs using time tickets.
• C)Manufacturing overhead cannot be traced directly to jobs, so it is assigned using an overhead allocation rate.
• D)Manufacturing overhead costs are applied to jobs by crediting the Manufacturing Overhead account and debiting it to Work in Process Inventory.

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Definitions:

Second-Level Agenda-Setting

A theory in communication that not only does the media influence what topics people think about (first level), but also how people think about these topics in terms of attributes and assessments (second level).

News Story

A factual report on recent events or information, typically presented in newspapers, online, or on television and radio.

Spiral Of Silence Theory

A social theory which suggests that individuals have a fear of isolation, leading them to remain silent instead of voicing unpopular opinions.

Majority Viewpoint

refers to the opinion or belief held by the larger part of a group or society.