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Cscc Accounting 1212 Exam 1 Study Guide Questions And Answers With Verified Solutions Already Passed!!! $10.99   Add to cart
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Cscc Accounting 1212 Exam 1 Study Guide Questions And Answers With Verified Solutions Already Passed!!!
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Cscc Accounting 1212 Exam 1 Study Guide Questions And Answers With Verified Solutions Already Passed!!!

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  • October 19, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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Cscc Accounting 1212 Exam 1 Study
Guide Questions And Answers With
Verified Solutions Already Passed!!!
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


Types of Inventory - ANSWER✔✔-Raw materials

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