Three 70-Ω Resistors Are Connected in Series

question 60

Multiple Choice

Three 7.0-Ω resistors are connected in series.What is their equivalent resistance?

• A)21 Ω
• B)7.0 Ω
• C)16 Ω
• D)2.3 Ω
• E)10 Ω

Understand the journal entry mechanics for recording direct materials, direct labor, and overhead in process costing.

Comprehend the role of hybrid systems that combine features of both process and job order costing.

Understand how factory labor costs and other direct costs are presented and accounted for.

Recognize the flexibility of process costing in accommodating various types of labor costs including direct and indirect labor.

---

Definitions:

Vault Cash

Physical currency held by banks within their vaults, used to meet customer withdrawals and other cash needs.

Primary Reserve

It is the part of a country's reservable deposits held in cash or in deposits with the central bank, used to manage liquidity and fulfill regulatory requirements.

Secondary Reserve

Secondary Reserve includes assets that are not as liquid as primary reserves but can still be quickly converted into cash.

Board of Governors

The leading body of a federal reserve system, overseeing the policy direction and regulatory functions of the central bank.