Which of the Following Is an Example of an Analogy

question 29

Multiple Choice

Which of the following is an example of an analogy?

• A) All employees have health coverage. Therefore, since Tom is an employee, he must have health coverage.
• B) Our office operates like a wolf pack with one Alpha male on top and everyone else answering to him.
• C) The results of this survey showed that people like our product more than our competitor's product.
• D) There is a national trend toward healthier eating; as a result we should see an increase in the sales of our low-fat items.

---

Definitions:

Transactions

Business activities that involve the exchange of goods, services, or funds between two or more parties.

Overapplied Overhead

The condition where the amount of manufacturing overhead allocated to products exceeds the actual overhead costs incurred.

Cost of Goods

The total expense incurred in acquiring or manufacturing the products sold by a business, typically including raw materials and labor costs.

Job-Order Costing

A costing method used where each job is costed separately and includes all materials, labor, and overhead specific to that job.