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Directions: Apply the knowledge you have gained from Chapter 2 to select the best answer to the questions about the following reading passage.
"Famine and AIDS are threatening the agricultural societies in southern Africa. Tragically, women, the main unifying force in African societies, make up 59% of the individuals worldwide infected by the HIV virus. With so many women suffering from AIDS, the family structure and the agricultural infrastructure are suffering severely. These conditions have significantly contributed to the famine conditions and the resulting starvations."
Which of the following is an accurate paraphrase of sentence 2?
Equivalent Units
A concept used in cost accounting to represent the amount of work done on partially completed goods, expressed in terms of fully completed units.
First-in
A reference often used in inventory management, indicating that the first items produced or acquired are the first ones to be sold or used.
Materials
Substances or components used in the manufacturing or production of goods.
Equivalent Unit
A measure used in process costing that converts partially completed units into a number of fully completed units for accounting purposes.
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