​A(n)____ Is a Person or Organization Outside the System Boundary

question 10

Multiple Choice

​A(n) ____ is a person or organization outside the system boundary that supplies data inputs or accepts data outputs.

• A)data flow
• B)data store
• C)external agent
• D)customer​

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Definitions:

Predetermined Overhead Rate

A rate determined prior to the start of a period, designed for assigning anticipated overhead expenses to products or job orders, utilizing a selected activity basis for calculation.

Manufacturing Overhead

Costs in the manufacturing process that are not direct labor or materials.

Direct Labor-Hours

A measure of the labor directly involved in manufacturing a product, expressed in hours.

Predetermined Overhead Rate

A pre-determined rate for distributing overhead expenses to products or job orders, calculated prior to the beginning of the period using projected costs and estimated levels of activity.