MATCHING Complete the Following Using the Terms Listed

question 23

Multiple Choice

MATCHING
Complete the following using the terms listed.
-Small businesses can buy equipment or operate a business using a _____.

• A)sole proprietorship
• B)small business
• C)C corporation
• D)merger
• E)acquisition
• F)horizontal merger
• G)conglomerate merger
• H)microloan
• I)vertical merger
• J)joint venture
• K)board of directors
• L)stockholder
• M)preferred stock
• N)Small Business Administration (SBA)

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Definitions:

Forming

A manufacturing process that involves shaping material into a specific configuration.

Assembly

The process of putting together components or parts to build a finished product, often involving a combination of manual and automated techniques in manufacturing.

Predetermined Overhead Rate

An estimated overhead cost rate used in cost accounting to allocate expected indirect costs to specific products or job orders based on a specific activity base.

Machine-Hours

A measure of production time, where one machine-hour equals one hour of operation of a machine.