What Is the Term for a Direct Change of State

question 115

Multiple Choice

What is the term for a direct change of state from a solid to a gas?

• A)condensation
• B)deposition
• C)sublimation
• D)vaporization
• E)none of the above

Understand the concept and application of standard costs in cost management and product costing.

Analyze the impact of practical standards on manager attitudes and commitment.

Identify potential negative outcomes of incentive systems based on meeting predetermined standards.

Recognize the importance and methods of setting standards, including benchmarking and time and motion studies.

---

Definitions:

Exit Value

The estimated amount that an asset or investment could be sold for at the end of its useful life.

Economic Resource

Assets or inputs that have the potential to contribute to the production of goods and services, providing economic benefit to businesses or individuals.

Asset

Resources owned or controlled by a business, projected to bring future economic benefits.

Measurement Alternative

An accounting option that allows entities to measure certain investments at cost, minus impairment, plus or minus changes resulting from observable price changes in orderly transactions for identical or similar investments of the same issuer.