To Add a New Job to the Customer List

question 22

Multiple Choice

To add a new job to the Customer List:

• A)Select Customer menu, Add Job
• B)Select Customer Center, New Customer & Job
• C)Select the Customer List icon from the Customer section of the Home page
• D)Select Report Center, add Customer

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Definitions:

First-In, First-Out Method

An accounting method where the costs of the earliest goods purchased or produced are the first to be expensed.

Equivalent Units

A concept in cost accounting used to apportion costs to units of production in processes where the product is not completed at the end of a period.

Milling Department

A specific section within a manufacturing facility where materials are ground, cut, or otherwise processed through milling operations.

First-In, First-Out Method

This is an inventory valuation method where goods first added to inventory are the first ones to be sold.