Which of the Following Is the Term Used to Describe

question 64

Multiple Choice

Which of the following is the term used to describe unpredictable,large-scale events that create a great deal of stress and feelings of threat?

• A)major life changes
• B)catastrophes
• C)hassles
• D)eustress

---

Definitions:

Absorption Costing

A costing method that includes all manufacturing costs, both fixed and variable, in the cost of goods sold.

Predetermined Overhead Rate

A rate calculated before the accounting period begins, used to allocate manufacturing overhead costs to individual products based on a certain activity base.

Normal Cost System

A costing system in which overhead costs are applied to a job by multiplying a predetermined overhead rate by the actual amount of the allocation base incurred by the job.

Job Cost Sheet

A document that records the materials, labor, and manufacturing overhead costs assigned to each individual job in production.