Which of the Following Is Most Important for Imposing Strict

question 43

Multiple Choice

Which of the following is most important for imposing strict liability?

• A) Unavoidable circumstances
• B) Unreasonably unsafe
• C) Unreasonable expensive
• D) Unavoidably protected

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Definitions:

Subsidiary Ledger

A group of accounts with a common characteristic.

Job Cost Sheets

Documents or records that detail the materials, labor, and overhead costs associated with a particular job or project.

Job Order Cost System

An accounting system used to assign costs to specific jobs or batches, ideal for custom or unique products and services.

Set Time Period

A specific duration of time during which certain actions are conducted or conditions apply.