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Match Each Definition in the First Column to the Correct

question 37

Multiple Choice

Match each definition in the first column to the correct term in the second column.
-A document that lists all potential negative effects of participation in a study.


Definitions:

Job Order Costing System

An accounting method that collects costs of materials, labor, and overhead for specific jobs, suitable for customized or unique products.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials and labor.

Underapplied Overhead

When the actual manufacturing overhead costs are higher than the overhead allocated to products or services.

Actual Overhead Cost

The real expenses occurring from indirect costs, such as utilities, rent, and administrative expenses, necessary for running a business.

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