Networks Fall into Two Major Types: Peer-To-Peer and Client/server (Also

question 40

Multiple Choice

Networks fall into two major types: peer-to-peer and client/server (also called ____) .

• A)domain controlled
• B)server-based
• C)workgroup model
• D)Web enabled

Distinguish between FIFO and weighted average methods in process costing.

Comprehend the importance of equivalent units in the calculation of product costs.

Identify the characteristics of operational costing and where it is appropriately applied.

Understand how materials, labor, and overhead costs are accounted for and allocated in process costing.