Business, 21.03.2020 10:33, leopolesamoy

Match the following statements to the appropriate terms.

a. The cost of products that are partially complete.
b. The function of keeping activities in accordance with plans.
c. Primarily concerned with internal users and reports pertain to subunits of the entity.
d. Materials that can be physically and directly associated with manufacturing a product.
e. The function of setting goals and objectives. Indirect costs of manufacturing a product.
f. Primarily concerned with external users and reports pertain to the entity as a whole.
g. Costs that are noninventoriable.
h. All business processes associated with providing a product or service.
i. The function of coordinating diverse activities to produce a smooth-running operation.

1. Managerial accounting
2. Financial accounting
3. Planning
4. Directing
5. Controlling
6. Work in process inventory
7. Direct materials
8. Manufacturing overhead
9. Period costs
10. Value chain

Answers: 3

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Match the following statements to the appropriate terms.

a. The cost of products that a...