How Are the Main Points Below Organized

question 7

Multiple Choice

How are the main points below organized
I.Invest in bank certificate or depost
II.Get a social security number for any children over five
III.Keep all receipts for nonreimbursed business expenses
IV.Keep all home-improvement receipts

• A) chronological
• B) topical
• C) geographical
• D) causal pattern

---

Definitions:

Factory Overhead

All indirect costs associated with manufacturing, excluding direct materials and direct labor costs.

Work in Process

Goods in the manufacturing process that are not yet completed, representing a portion of inventory that is between raw materials and finished goods.

Controlling Account

An account in the general ledger that summarizes and controls the total of subsidiary ledger entries, such as accounts receivable or accounts payable.

Job Cost Sheets

Documents that record and summarize all costs associated with a specific job or project, used in managerial accounting to track direct materials, direct labor, and overhead.