Judges Have Ordered Massachusetts to Change the Way It Hires

question 35

Multiple Choice

 Judges have ordered Massachusetts to change the way it hires firefighters,even though the state does not receive aid from the federal government for firefighting.Such an order is referred to as a 

• A) condition of aid. 
• B) quid pro quo order. 
• C) mandate. 
• D) pro bono requirement. 
• E) per curiam order.

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Definitions:

Overapplied Overhead

A condition in which the overhead costs assigned to manufacturing exceed the real overhead costs that were incurred.

Work in Process

Inventory that includes raw materials that have been partially worked on but are not yet completed goods in the manufacturing process.

Journal Entry

A record in the financial journals of a business that captures the financial transactions of the company, showing all accounts affected and their respective debit or credit balances.

Job-Order Costing

An accounting method that collects and assigns manufacturing costs to individual units or batches of production, suitable for customized products.