Optical Turnstiles Are Used to Control Access in Many Buildings

question 15

Multiple Choice

Optical turnstiles are used to control access in many buildings, but what is it called when an individual attempts to use an unauthorized card or otherwise attempts to get through the lane without an appropriate card?

• A) line jumping
• B) turnstile jumping
• C) turnstile rush
• D) tailgating

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Definitions:

Inventory Costing

Inventory costing is the method used to value inventory, including techniques such as FIFO (First-In, First-Out), LIFO (Last-In, First-Out), and weighted average cost.

First-In, First-Out

An inventory valuation method where items acquired or produced first are sold or used first, assuming the oldest inventory is disposed of before newer inventory.

Direct Materials

Raw materials that are directly traceable to the manufacturing of a product and are a significant portion of the production cost.

Materials Equivalent Units

A measure used in process costing that represents the amount of materials put into production, adjusted for any unfinished work.