Environmental Uncertainty Is NOT Typically Caused by ________

question 14

Multiple Choice

Environmental uncertainty is NOT typically caused by ________.

• A) political instability
• B) low levels of competition
• C) social changes
• D) technological changes

---

Definitions:

Weighted-Average Method

A cost accounting method that calculates the cost of goods sold and ending inventory based on the average cost of all units available for sale.

Molding Department

A specific section in a manufacturing facility where molding processes, such as injection or compression molding, are performed to shape materials.

Process Costing

A costing method used in industries where production is continuous, assigning costs to units of output on an average basis.

Job-Order Costing

An accounting method used to track costs individually for each job, not by process or time period.