Under Law, Elements Necessary in Order to Find a Person

question 4

Multiple Choice

Under law, elements necessary in order to find a person guilty of a crime include:

• A) Criminal intent
• B) Degree of impact on society
• C) Criminal act
• D) A & C

Calculate equivalent units of production for materials and conversion costs.

Differentiate between the major process costing methods: FIFO and weighted average.

Calculate the cost of goods manufactured and ending work in process inventory.

Distinguish between job costing and process costing systems.

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Definitions:

Transporter

An entity or individual involved in the movement of goods or people from one location to another.

Comprehensive Environmental Response, Compensation, and Liability Act

A U.S. federal law, enacted in 1980, designed to clean up sites contaminated with hazardous substances.

Potentially Responsible Parties

Individuals or entities that may be liable for contamination at a hazardous waste site under environmental laws.

Environmental Impact Statement

A document that provides a detailed analysis of the potential effects a proposed project or action may have on the environment, as required by law, before certain actions can proceed.