Match the Following Attributes with the Different Forms

question 81

Multiple Choice

Match the following attributes with the different forms. A particular attribute may apply to more than one entity form.
-Sole proprietorship

• A)Ability of all owners to have limited liability.
• B)Ability to pass tax attributes through to the owners.
• C)Right of all owners to participate in the management of the business.
• D)Number of owners is limited.
• E)Ability to have multiple owners.

Journalize the flow of labor costs into production.

Compute job order costing including balance on job cost sheets and cost per unit.

Calculate predetermined overhead rates based on different allocation bases.

Journalize entries for labor cost incurred and the application of factory overhead.

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Definitions:

Psychoanalysis

A therapeutic technique and theory of psychological disorders, emphasizing unconscious conflicts and childhood experiences.

Cognitive Therapies

Psychological treatments that focus on changing faulty or irrational thinking patterns, beliefs, and attitudes.

Systematic Desensitization

A therapeutic method used to cure phobias and other behavior problems involving anxiety, by gradual exposure to the feared object or situation in a controlled environment.

Token Economy

An operant conditioning procedure in which people earn a token for exhibiting a desired behavior and can later exchange the tokens for privileges or treats.