Michaella, Inc

question 18

Multiple Choice

Michaella, Inc. uses a process-costing system. A newly-hired accountant identified the following procedures that must be performed by the close of business on Friday:
1-Calculation of equivalent units
2-Analysis of physical flows of units
3-Assignment of costs to completed units and units still in process
4-Calculation of unit costs
Which of the following choices correctly expresses the proper order of the preceding tasks?

• A) 1, 2, 3, 4.
• B) 1, 2, 4, 3.
• C) 1, 4, 3, 2.
• D) 2, 1, 4, 3.
• E) 2, 1, 3, 4.

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Definitions:

Interacting

The process of two or more entities or individuals influencing or having an effect on each other, typically through communication or direct contact.

Heteronomous Morality

The stage in moral development where children view rules as fixed and unchangeable, usually enforced by authority figures.

Morality Stage

A phase in psychological development, often discussed in the context of moral understanding and behavior, as individuals learn to distinguish right from wrong.

Rules

Explicit or understood regulations or principles governing conduct or procedure within a particular area or activity.