Michelle's Restaurant Gives Customers a Questionnaire to Rate the Quality

question 36

Multiple Choice

Michelle's Restaurant gives customers a questionnaire to rate the quality of their dining experience.They are using ________ control.

• A)feedback
• B)concurrent
• C)applied
• D)feedforward

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Definitions:

Overapplied

This term relates to a situation where the allocated costs in accounting exceed the actual indirect costs.

Underapplied

A situation where the allocated overhead cost is less than the actual overhead cost incurred.

Work in Process Account

An account used in accounting to track the costs associated with the production of goods that are not yet complete.

Ending Balance

The amount of money in an account at the end of a period, after all additions and subtractions have been accounted for.