Use the Information Below to Answer the Following Question(s)

question 42

Multiple Choice

Use the information below to answer the following question(s) .Father Time Clock Shop manufactures clocks on an automated assembly line.It utilizes two cost categories: direct materials and conversion costs.Each product must pass through the Assembly Department and the Testing Department.Direct materials are added at the beginning of production, while conversion costs are allocated evenly throughout production, and the company uses weighted-average costing.Data for the Assembly Department are:

-Which of the following entries would be made to record the issue of direct materials in the Testing Department, under process-costing?

• A)debit to Testing Department assets
• B)debit to Testing Department Materials Inventory
• C)debit to Work in Process - Testing Department
• D)credit to Direct Materials
• E)credit to Work in Process - Testing Department

Realize the ways information technology enhances organizational relationships with the environment.

Recognize the advantages of using groupware in organizations.

Identify the role of management information systems in decision-making processes.

Understand the concept of intellectual capital and its value to organizations.

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Definitions:

Perceived Risks

The personal assessment or belief about the level of risk associated with an action or decision, regardless of actual risk.

Developmental Stage

A specific period in the growth or development of an individual or entity characterized by particular attributes or milestones.

Immediate Situational Factors

Factors that directly influence the behavior and outcomes of individuals in a specific setting at a specific time.

Short-Term Employees

Workers who are employed for a brief period, often to fulfill temporary needs of the hiring organization.