Which of the Following Is a Tariff

question 39

Multiple Choice

Which of the following is a tariff?

• A)A toll on land and sea traffic entering a country
• B)A ban on imports from another country
• C)A limit to the amount of a foreign good that can be sold in a country
• D)A tax on imports levied at the border,paid by the importer

---

Definitions:

Predetermined Overhead Rate

A rate calculated before a period begins, based on estimated overhead costs and activity levels, used to allocate overhead to products.

Actual Manufacturing Overhead

The real costs incurred in the manufacturing process that are not directly tied to production, including utilities, maintenance, and factory rent.

Raw Materials

Basic substances in their natural, modified, or semi-processed state used as inputs to a manufacturing process for conversion into finished goods.

Journal Entries

Records of financial transactions in the accounting system, indicating the accounts affected and the debit and credit amounts.