Once the Actual Price and Moving Average (MA)series Are Plotted

question 13

Multiple Choice

Once the actual price and moving average (MA) series are plotted on the same graph,buy and sell signals are generated.So:

• A) buy when the actual price series cuts the MA from below, especially if the MA has been flat or in a gentle decline.
• B) sell when the MA series is rising strongly and the price series cuts or touches the MA from above, but then moves back above the MA after only a few observations.
• C) sell when the MA flattens or declines after a steady rise, and the price series cuts the MA from above.
• D) buy when the MA series is rising strongly and the price series cuts or touches the MA from above, but then moves back above the MA after only a few observations.

Comprehend the concept and importance of cost drivers in product costing systems.

Identify the advantages and disadvantages of using volume-based vs. activity-based costing.

Understand the difference between theoretical, practical, and normal capacity and their implications on cost allocation.

Assess the impact of different costing methods (variable costing and absorption costing) on financial performance.

---

Definitions:

Supplies Expense

Costs associated with the consumable items used during a company's operations over an accounting period.

Journalized

The process of recording transactions in a company's journal as part of the accounting system.

Adjusted Trial Balance

A listing of all company accounts that will appear in the financial statements after adjusting entries have been made, verifying the equality of debits and credits.

Error Detection

The process of identifying inaccuracies, inconsistencies, or mistakes in financial information or accounting records.