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CSCC Accounting 1212 Exam 1 Study Guide| Brand New Expert Exam Questions with Clear Correct Verified Answers| All Graded A+| Latest Premium Update| 100% Guaranteed Success.

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CSCC Accounting 1212 Exam 1 Study Guide| Brand New Expert Exam Questions with Clear Correct Verified Answers| All Graded A+| Latest Premium Update| 100% Guaranteed Success. Managerial Acct - Answerfocuses on the acct. tools managers use to run a business; helps predict the future JIT management - Answercompany produces products just-in-time to satisfy customers needs Value Chain - AnswerIncludes all activities that add value to a company's products and services Period Costs (Selling and Administrative) - AnswerOperating cost that is expensed in the acct. period in which it is incurred Product Cost - Answercost of purchasing or making a product Prime Cost - AnswerCombine the direct cost of direct materials and direct labor Cost Object - AnswerAnything for which managers want a separate measurement of cost Conversion Cost - Answercombine direct labor w/ manufacturing overhead

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CSCC Accounting 1212 Exam 1
Study Guide| Brand New Expert
Exam Questions with Clear Correct
Verified Answers| All Graded A+|
Latest Premium Update| 100%
Guaranteed Success.




Managerial Acct - Answer✅✅focuses on the acct. tools managers use to run a
business; helps predict the future

JIT management - Answer✅✅company produces products just-in-time to satisfy
customers needs

Value Chain - Answer✅✅Includes all activities that add value to a company's
products and services

Period Costs (Selling and Administrative) - Answer✅✅Operating cost that is
expensed in the acct. period in which it is incurred

Product Cost - Answer✅✅cost of purchasing or making a product

Prime Cost - Answer✅✅Combine the direct cost of direct materials and direct labor

Cost Object - Answer✅✅Anything for which managers want a separate
measurement of cost

Conversion Cost - Answer✅✅combine direct labor w/ manufacturing overhead
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