Match the Items in the Two Columns Below by Entering

question 101

Short Answer

Match the items in the two columns below by entering the appropriate code letter in the space provided.
A. Managerial accounting
B. Financial accounting
C. Planning
D. Directing
E. Controlling
F. Work in process inventory
G. Direct materials
H. Manufacturing overhead
I. Period costs
J. Value chain
_____ 1. The cost of products that are partially complete.
_____ 2. The function of keeping activities in accordance with plans.
_____ 3. Primarily concerned with internal users and reports pertain to subunits of the entity.
_____ 4. Materials that can be physically and directly associated with manufacturing a product.
_____ 5. The function of setting goals and objectives.
_____ 6. Indirect costs of manufacturing a product.
_____ 7. Primarily concerned with external users and reports pertain to the entity as a whole.
_____ 8. Costs that are noninventoriable.
_____ 9. All business processes associated with providing a product or service.
_____ 10. The function of coordinating diverse activities to produce a smooth-running operation.

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Definitions:

Animal Studies

Research conducted on animal subjects with the aim to understand biological and psychological processes.

Paralympic Games

An international multi-sport event for athletes with disabilities, parallel to the Olympic Games, emphasizing physical and mental prowess.

Normally Sighted

Having vision within the range considered typical or normal, without significant visual impairment.

Smiling

A facial expression formed by flexing the muscles at the sides of the mouth, often signifying joy, amusement, or sociability.