Which of the Following Statements Is Not True About the Use

question 88

Multiple Choice

Which of the following statements is not true about the use of a normal costing system?

• A) Actual overhead costs are never directly assigned to products.
• B) Actual overhead costs never flow directly through the inventory accounts.
• C) A normal costing system requires waiting until after a period end to complete the costing for all jobs completed during a period.
• D) Individual product costs are usually not adjusted for differences between actual and budgeted costs.

---

Definitions:

Ecosystem Service

Natural processes and elements that provide benefits to humans or other parts of the environment, such as pollination, water purification, and carbon sequestration.

Boreal Forest

A biome characterized by coniferous forests located in the northern regions, including parts of North America, Europe, and Asia.

Nitrogen Cycle

A biogeochemical cycle describing the transformations of nitrogen and nitrogen-containing compounds in nature.

Slash-And-Burn Agriculture

A method of agriculture where vegetation is cut down and burned as a technique to clear land for cultivation, but can lead to soil degradation and deforestation.