Which of the Following Is Not True of the Weighted-Average

question 47

Multiple Choice

Which of the following is not true of the weighted-average process-costing method?

• A) the method calculates the cost per equivalent unit of all work done to date regardless of the accounting period in which the work was done
• B) the costs in work in process (beginning work in process) when the period starts are not considered when calculating the weighted-average cost per equivalent unit
• C) the weighted-average cost is the total of all costs entering the Work in Process account divided by the total equivalent units in ending work-in-process inventory
• D) the costs to account for are equal to the beginning work in process plus the costs added to work in process during the same period

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Definitions:

Discharged

The formal release of a patient from a facility, such as a hospital or rehabilitation center, after it is deemed that the patient has recovered sufficiently or that further care can be managed elsewhere.

Ethics Committee

A group of individuals who review and address ethical issues and dilemmas, especially in medical and research settings.

DNAR (AND) Prescription

A medical order, also known as Do Not Attempt Resuscitation (DNAR), indicating that a person should not receive cardiopulmonary resuscitation (CPR) in the event of cardiac or respiratory arrest.

Autonomy

The quality or state of being self-governing or independent; in healthcare, it refers to patients' right to make decisions about their own medical treatment.