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Match the Following Costs with Their Descriptions

question 36

Multiple Choice

Match the following costs with their descriptions.
I. Controllable expenses a. Carefully predetermined costs
II. Standard costs b. Costs which are eliminated if a department is closed
III. Avoidable costs c. Expenses that cannot be directly traced to a cost object
IV. Indirect expenses d. Expenses which can be influenced by a manager


Definitions:

Cognitive

Relating to the mental actions or processes involved in acquiring knowledge and understanding through thought, experience, and the senses.

Information Processing

The methods by which humans and computers take in, use, and output information, often compared to computer processing in cognitive psychology.

Social Psychologist

A professional who studies how individuals' thoughts, feelings, and behaviors are influenced by the actual or imagined presence of others.

Conform

To adjust one's behavior or beliefs to match those of others, typically in response to real or imagined social pressures.

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