In a Logical DFD for the General Ledger/business Reporting (GL/BR)

question 48

Multiple Choice

In a logical DFD for the general ledger/business reporting (GL/BR) process, which of the following processes normally would not update the general ledger master data?

• A)Record budget.
• B)Post events data.
• C)Record adjustments.
• D)Prepare financial statements.

Differentiate between employees and independent contractors in the context of agency law.

Understand the jurisdiction and governing laws of agency relationships in the United States.

Understand the concept and application of datum surfaces in manufacturing and design.

Identify the types of datums and their roles in the design and manufacturing processes.

---

Definitions:

Machine-Hours

Rephrased: The total hours that machinery is in operation during a specific period, used as a basis for allocating manufacturing overhead costs.

Predetermined Overhead Rate

A rate calculated to estimate the manufacturing overhead cost per unit of production activity, aiding in budgeting and cost control.

Machine-Hours

A measure of production output or activity based on the number of hours machines are operated within a specified period.

Unused Capacity

Unused capacity refers to the resources or facilities available to a company that are not currently being used to their full potential, which can impact efficiency and profitability.