St Onge, Inc

question 21

Multiple Choice

St. Onge, Inc. uses a process-costing system. A newly-hired accountant identified the following procedures that must be performed by the close of business on Friday:
1-Calculation of equivalent units
2-Analysis of physical flows of units
3-Assignment of costs to completed units and units still in process
4-Calculation of unit costs
Which of the following choices correctly expresses the proper order of the preceding tasks?

• A) 1, 2, 3, 4.
• B) 1, 2, 4, 3.
• C) 1, 4, 3, 2.
• D) 2, 1, 4, 3.
• E) 2, 1, 3, 4.

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Definitions:

Structural Strain Theory

A sociological theory proposed by Robert K. Merton that explains deviance as the result of a discrepancy between socially approved goals and the available means to achieve those goals.

Socially Approved Goals

Objectives and aspirations that are widely accepted and valued by a society or social group.

Deviance

Behaviors or actions that violate societal norms or expectations, potentially resulting in societal judgement or sanctions.

Robert Merton's Typology

A framework developed by sociologist Robert Merton to categorize human responses to cultural goals and the means of achieving them.