Which of the Following Would Not Likely Be Used by Service

question 75

Multiple Choice

Which of the following would not likely be used by service providers to accumulate job costs?

• A) Projects.
• B) Contracts.
• C) Clients.
• D) Processes.
• E) All of these, because service providers cannot use job-costing systems.

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Definitions:

Budgeted Sales Revenue

Projected income from sales activities over a specific period, as estimated during budgeting.

Break-Even Sales Revenue

The amount of revenue needed to cover all fixed and variable costs of a business.

Safety Margin

The difference between the actual performance or capacity of a system and its expected or required performance, serving as a buffer for uncertainty.

Fixed Costs

Expenses that do not change with the level of production or sales over a short period, such as rent or salaries.