An Example of a Business Which Would Have No Beginning

question 21

Multiple Choice

An example of a business which would have no beginning or ending inventory but which could use process costing to compute unit costs would be a ________.

• A) clothing manufacturer
• B) corporation whose sole business activity is processing the customer deposits of several banks
• C) manufacturer of custom houses
• D) manufacturer of large TVs

---

Definitions:

Face Validity

The extent to which a test or measurement appears effective in terms of its stated aims, at face value, without deeper analysis.

Social Desirability

The tendency of respondents to answer questions in a manner that will be viewed favorably by others, often skewing survey results.

L Data

Life data, which encompasses information about a person's behavior in natural environments, often used in psychological studies for real-world relevance.

Multiple Factors

Refers to a situation or phenomenon that is influenced by more than one element or cause.