Which of the Following Characteristics Would Be Most Indicative of a Healthy

question 9

Multiple Choice

Which of the following characteristics would be most indicative of a healthy community?

• A)Excellent private schools and superb fire and police systems
• B)A United Way that receives large donations each year
• C)An extensive array of services offered by private physicians
• D)Clean air and water and a sense of community cohesion

---

Definitions:

Equivalent Units

A concept used in cost accounting to convert partially completed goods into an equivalent number of fully completed units for inventory valuation.

Processing Department

A division in a manufacturing operation where a specific type of processing or assembly occurs.

Conversion Costs

Combined costs of direct labor and manufacturing overhead, incurred in converting raw materials into finished goods.

Equivalent Units

A method used in cost accounting to express the amount of work done by incomplete units in terms of fully completed units.