Answer the Following Question(s)using the Information Below

question 61

Multiple Choice

Answer the following question(s) using the information below:
Complete Microfilm Products manufactures microfilm cameras.For October there were no beginning inventories of direct materials, and no beginning or ending work-in-process.Only one indirect manufacturing cost category is currently in use, "Conversion Costs." Journal entries are recorded when materials are purchased and when units are sold using backflush costing.
-A trigger point is defined as

• A)a stage in the cycle going from the purchase of direct materials to the sale of finished goods at which point journal entries are made in the accounting system.
• B)a stage in the cycle going from the purchase of accounting software to the sale of finished goods at which point journal entries are made in the new accounting system.
• C)a stage in the cycle going from the sale of finished goods at which point journal entries are made in the accounting system.
• D)a stage in the cycle going from the purchase of direct materials at which journal entries are made in the accounting system.
• E)a stage in the cycle going from the purchase of direct materials to the sale of finished goods at which no journal entries are made in the accounting system.

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Definitions:

Belief System

A set of principles or tenets that form the foundation of a person's understanding of the world, guiding behavior and thought.

General Adaptation Syndrome

A theoretical framework describing the body's short-term and long-term reactions to stress, proposed by Hans Selye.

Disease Of Adaptation

A concept referring to the adverse health effects that occur as a result of the body's efforts to cope with stress.

Alarm Stage

The first phase in the stress response, in which the body prepares to fight or flee from a perceived threat.