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:

Identity Achiever

A term from James Marcia's theory, referring to an individual who has gone through an identity crisis and has made a commitment to a sense of identity (i.e., a set of values, ideals, and goals).

Identity Foreclosure

A stage in adolescent development in which an individual prematurely commits to an identity without adequately exploring alternatives.

Gender Stereotypes

Preconceived ideas regarding the roles and behaviors of men and women that are often culturally defined and reinforced.

Gender-role Awareness

The understanding or recognition of the socially constructed roles, behaviors, activities, and attributes that a given society considers appropriate for males and females.