Which Statement Is True of the Different Forms of Sender

question 20

Multiple Choice

Which statement is true of the different forms of sender and receiver devices?

• A)Thin clients have processing power.
• B)Smart terminals are full-featured computers.
• C)Workstations serve as stand-alone systems.
• D)Netbook computers are high-cost computers with disks.

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Definitions:

Predetermined Overhead Rate

A rate calculated at the beginning of a period, based on the estimated overhead costs and estimated level of activity, used to apply overhead costs to products.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to related products and services based on the actual consumption of resources.

Traditional System

A cost accounting system that allocates overhead based on a single or few measures of activity, such as direct labor hours or machine hours.

Predetermined Overhead Rate

A rate used to apply manufacturing overhead to products, calculated before the period begins based on estimated costs and activity levels.