Match Each Following Terms with Their Correct Description from the Items

question 24

Multiple Choice

Match each following terms with their correct description from the items listed below.
-An approach that assigns the actual costs of direct materials and direct labour to products but uses a predetermined rate to assign overhead costs

• A)Actual cost system
• B)Job-order cost system
• C)Normal cost system
• D)Process-costing system

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Definitions:

Semi-Sedentism

describes a way of life in which people regularly move within a certain area to exploit seasonal resources but also maintain some permanent or semi-permanent settlements.

Industrial Revolution

A period of major industrial growth and technological innovation that began in the 18th century, significantly transforming societies and economies.

Diesel Engine

A type of internal combustion engine that runs on diesel fuel, known for its efficiency and used in vehicles, machinery, and generators.

Steam Engine

A heat engine that performs mechanical work using steam as its working fluid, pivotal in the development and spread of the Industrial Revolution.