WGU D196 |OA|OBJECTIVE ASSESSMENT EXAM
Correct
Incorrect
operations
operations
growth operations
, Don't know?
2 of 166
Term
PA - What is an account payable?
Give this one a try later!
The amount paid by a company for The amount invested in a company
future services by its shareholders
The amount owed by a
The amount owed to a company by company that purchased
its customers goods or services from a
supplier on credit
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3 of 166
Term
What is the appropriate situation in which to use process costing?
Give this one a try later!
When a company produces a
When a company handles individual large volume of products
customer orders
, using a series of uniform
processes
When a company manufactures When a company produces a
products in small batches variety of unique products
Don't know?
4 of 166
Term
What type of cost are the wages paid to a factory supervisor?
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Direct labor Direct materials
Manufacturing overhead Buying buildings
Don't know?
5 of 166
Term
For some production processes, job order costing is the correct
production costing system to use. With other production processes,
process costing is more appropriate. For which product is process
more appropriate?
, Give this one a try later!
Building high-end ski cabins
Manufacturing identical
according to customer
residential refrigerators
specifications
Producing engineering designs for
Producing identical cans of paint
custom-made buildings
Don't know?
6 of 166
Term
PA - What is the correct sequence of budgets in a manufacturing
business?
Give this one a try later!
Sales, production, direct
Direct labor, production, sales
materials
Raw materials, work-in-process, Planning, controlling, and
finished goods, cost of goods sold evaluating
Don't know?
7 of 166
Correct
Incorrect
operations
operations
growth operations
, Don't know?
2 of 166
Term
PA - What is an account payable?
Give this one a try later!
The amount paid by a company for The amount invested in a company
future services by its shareholders
The amount owed by a
The amount owed to a company by company that purchased
its customers goods or services from a
supplier on credit
Don't know?
3 of 166
Term
What is the appropriate situation in which to use process costing?
Give this one a try later!
When a company produces a
When a company handles individual large volume of products
customer orders
, using a series of uniform
processes
When a company manufactures When a company produces a
products in small batches variety of unique products
Don't know?
4 of 166
Term
What type of cost are the wages paid to a factory supervisor?
Give this one a try later!
Direct labor Direct materials
Manufacturing overhead Buying buildings
Don't know?
5 of 166
Term
For some production processes, job order costing is the correct
production costing system to use. With other production processes,
process costing is more appropriate. For which product is process
more appropriate?
, Give this one a try later!
Building high-end ski cabins
Manufacturing identical
according to customer
residential refrigerators
specifications
Producing engineering designs for
Producing identical cans of paint
custom-made buildings
Don't know?
6 of 166
Term
PA - What is the correct sequence of budgets in a manufacturing
business?
Give this one a try later!
Sales, production, direct
Direct labor, production, sales
materials
Raw materials, work-in-process, Planning, controlling, and
finished goods, cost of goods sold evaluating
Don't know?
7 of 166
