Which One of the Following Structures Represents a Different Compound

question 48

Multiple Choice

Which one of the following structures represents a different compound from the other three?

• A)1
• B)2
• C)3

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Definitions:

Equivalent Unit

A term used in cost accounting to represent a unit of production in partially completed goods adjusted for the degree of completion.

Process Costing

An accounting method used when producing homogeneous products, calculating costs at each stage of production.

First-In, First-Out

An accounting method where the earliest stock added to inventory is recorded as sold first.

Equivalent Unit

An equivalent unit is a measure used in cost accounting to express the amount of materials or labor necessary to complete a partially finished product, relative to a finished product unit.