Which of the Following Could Be a Journal Voucher

question 71

Multiple Choice

Which of the following could be a journal voucher?

• A) general ledger cash disbursements update
• B) customer invoice
• C) receiving report
• D) purchase requisition

Identify the requirements set by OSHA for workplace safety and employee rights information.

Know the limitations on employers in determining wages and working hours.

Understand the jurisdiction of the National Labor Relations Board concerning family employment.

Grasp the mechanics of the unemployment insurance system in the United States.

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Definitions:

Unit Product Cost

The total cost (both fixed and variable) to produce one unit of a product.

Traditional Costing System

An accounting method that applies indirect costs to products based on a predetermined overhead rate, without distinguishing between activities or processes.

Manufacturing Overhead

All indirect manufacturing costs, encompassing expenses such as maintenance, utilities, and salaries not directly tied to specific units produced.

Activity-Based Costing

Activity-Based Costing is an accounting method that assigns costs to products or services based on the activities they require.