After Initially Recording a Transaction,the Data Is Then Copied or Posted

question 20

Multiple Choice

After initially recording a transaction,the data is then copied or posted to the:

• A)journal.
• B)chart of accounts.
• C)trial balance.
• D)ledger.

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Definitions:

Budgeted Fixed Overhead

The predetermined estimate of the total fixed costs required to produce a specific amount of output over a fixed period.

Budgeted Variable Overhead

Estimated costs that vary with production volume, such as utilities or raw materials, not directly tied to labor or capital.