Which of the Following Would Not Be Considered a Core

question 68

Multiple Choice

Which of the following would not be considered a core competency that a company might have?

• A) a highly trained workforce
• B) an inefficient distribution system
• C) skills in attracting and raising capital
• D) use of information technology
• E) quality control techniques

Determine the effect of overapplied or underapplied overhead on financial statements.

Apply manufacturing overhead to production on a predetermined basis.

Analyze the impact of overhead application on product costing and profitability.

Execute journal entries to adjust for over- or underapplied manufacturing overhead at year-end.

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Definitions:

Conscious Feelings

Emotional experiences that are within one's immediate awareness.

Sympathetic Nervous system

A part of the autonomic nervous system that activates the body's responses under stress, such as increasing heart rate and redirecting blood flow.

Parasympathetic Nervous System

A component of the autonomic nervous system responsible for energy conservation by decreasing the heart rate, enhancing the activity of intestines and glands, and easing the muscles of sphincters in the digestive system.

Somatic Nervous system

A part of the peripheral nervous system associated with the voluntary control of body movements via the use of skeletal muscles.