In 2013-14, All Provinces Except Received Equalization Payments

question 11

Multiple Choice

In 2013-14, all provinces except received equalization payments.

• A)Newfoundland and Labrador, Saskatchewan, Alberta, and British Columbia
• B)Newfoundland and Labrador, Ontario and Quebec
• C)Ontario and Quebec
• D)Manitoba, Saskatchewan, Alberta, and British Columbia

---

Definitions:

Ending Work

The inventory or work-in-process at the end of an accounting period that has not yet been completed.

Equivalent Units

A concept used in cost accounting to standardize the quantities of produced goods, accounting for partially completed units.

Physical Units

Refers to the actual count or quantity of items, products, or assets, without regard to their value or cost.

Materials Added

Raw materials introduced into the production process to create a product.