Indicate Which of the Following Would not Be an Example

question 77

Multiple Choice

Indicate which of the following would not be an example of an internal service fund:

• A) City Self-Insurance Fund
• B) City Print Shop.
• C) City Airport.
• D) City Data Processing Service Center.

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Definitions:

Job-order Costing

An accounting method that assigns costs to specific jobs or batches, useful for customized orders or distinct products.

Direct Labor

The wages and other compensation for employees who are directly involved in the production of goods or services.

Manufacturing Overhead

All manufacturing costs that are not directly attributable to a product’s production, such as indirect materials and labor.

Raw Materials

Fundamental materials in their raw, altered, or partially processed forms utilized as input for manufacturing.