Case-Based Critical Thinking Questions

question 95

Multiple Choice

Case-Based Critical Thinking Questions
Case 5-2
Simon has just discovered the power of using text filters to control which records display in his worksheet,and he has begun to use them often to find precisely the records he needs.The following questions are based on a staff directory table that includes First Name,Last Name,Office Number,Department Name,and Phone Number.
-If Simon wants to find all of his colleagues named Joseph,Joanne,and Josephine,what should he do?

• A) Create a text filter using the Begins With operator to display all records that have Jo at the beginning of the text value.
• B) Create a text filter using the Contains operator to display all records that have Jo at the beginning of the text value.
• C) Create a text filter using the Begins With operator to display all records that have Jos at the beginning of the text value.
• D) Create a text filter using the Contains operator to display all records that include Jo in the text value.

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Definitions:

Conversion Costs

The combined costs of direct labor and manufacturing overheads required to convert raw materials into finished goods.

Equivalent Units

A concept in cost accounting used to calculate the cost of partially completed goods by converting them into a number of fully completed units.

Conversion Cost

The sum of labor and overhead expenditures incurred to convert raw materials into finished goods.

FIFO Method

"First In, First Out," an inventory valuation method where goods that are first added to inventory are the first ones considered sold, used in accounting to calculate cost of goods sold and ending inventory.