If a Camera Has a 1/3-Inch Format , What Should

question 13

Multiple Choice

If a camera has a 1/3-inch format , what should be the lens size to create a perfect picture?

• A) 1/4"
• B) 1/3"
• C) 1/2"
• D) 2/3"

---

Definitions:

Specific Identification

An inventory costing method where the cost of each specific item in inventory is identified and assigned to that item.

Actual Costs

Expenses that have been incurred and recorded, contrasting with estimated or projected costs.

Management

The process of directing, controlling, and organizing resources in an organization towards achieving its goals.

Inventoriable Costs

Costs that are initially recorded as inventory on the balance sheet and recognized as cost of goods sold only when the inventory is sold.