Case-Based Critical Thinking Questions Case 4-1 Tom and Andy Are

question 95

Multiple Choice

Case-Based Critical Thinking Questions Case 4-1 Tom and Andy are discussing file storage. They are working on a major project and want to be sure they can store their files in a way that they can easily find and share the files. Tom asked Andy if he converts a file, will it be identical to the original? Andy should tell him ____.

• A) no
• B) sometimes
• C) yes
• D) yes but you can't convert it back

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Definitions:

Equivalent Units of Production

A concept in process costing that converts partially completed products into an equivalent number of fully completed units for inventory accounting purposes.