Match Each Term with the Correct Statement Below

question 29

Multiple Choice

Match each term with the correct statement below.
-Refers to making copies of data so that these copies may be used to restore the original files after a data loss.

• A)time management
• B)multitasking
• C)speech
• D)virus
• E)firewall
• F)brainwriting
• G)backup
• H)stress
• I)anger management
• J)creativity

Understand the accounting treatment for stock dividends.

Recognize the effects of a stock split on ownership equity and par value per share.

Understand the difference between stock dividends and stock splits.

Recognize the accounts used to record dividends and their impact on financial statements.

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Definitions:

Direct Material

Raw materials and components that are directly incorporated into a finished product and can be easily traced to the product.

Direct Labor-Hours

A measure of the hours worked by employees directly involved in the production process.

Variable Overhead

Expenses that vary with production levels, such as costs for power or materials used in the manufacturing process.

Direct Materials

Raw materials and components used in the manufacturing process that are directly incorporated into the final product.