Which of the Following Is the Most Appropriate Thing to Say

question 5

Multiple Choice

Which of the following is the most appropriate thing to say to a child about his painting?

• A)"I like how you used all this green!"
• B)"All this green makes me feel upset!"
• C)"That's the best painting you ever made!"
• D)"You used so many different greens in this painting!"

Understand the distinction between variable and absorption costing in terms of product costs.

Identify the impact of lean production on inventories and its relation to costing methods.

Recognize how production levels affect net operating income under different costing methods.

Understand the calculation of segment margin and its importance.