Match the Items in the Two Columns Below by Entering

question 30

Short Answer

Match the items in the two columns below by entering the appropriate code letter in the space provided.
A. Total manufacturing cost per unit
B. Equivalent units of production
C. Total units accounted for
D. Production cost report
E. Cost reconciliation schedule
F. Units transferred out
G. Unit production costs
H. Physical units
____ 1. A summary of both production quantity and cost data for a production department.
____ 2. Shows that the total costs accounted for equal the total costs to be accounted for.
____ 3. Work done during a period expressed in fully completed units.
____ 4. Costs expressed in terms of equivalent units of production.
____ 5. Actual units to be accounted for during a period, irrespective of any work performed.
____ 6. Units transferred out during the period plus units in ending work in process.
____ 7. Unit materials costs plus unit conversion costs.
____ 8. Total units accounted for minus units in ending work in process.

Calculate cash flows from operating, investing, and financing activities using given data.

Differentiate between the direct and indirect methods for calculating cash flows from operating activities.

Recognize the treatment and disclosure of non-cash transactions in the statement of cash flows.

Analyze cash flow for performance measurement and understand its impact on company valuation.

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Definitions:

Acceptable Name

An alternative name for a chemical compound that is recognized in scientific literature aside from its systematic or IUPAC name.

Compound

A material created by the chemical combination of two or more elements bonded together.

Name

A term or set of terms by which a particular concept or object is identified.

Compound

A compound consisting of two or more elements combined in a precise ratio through chemical bonds.