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STR 581 Week 4 Capstone Final Examination Part 2 UOP Students

www.UopStudents.com Click here to download Complete STR 581 Week 4 Capstone 2 http://goo.gl/uWG4Ww

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net income for this year<br />

Want to download the Complete Assignment..?? Click <strong>STR</strong> <strong>581</strong> <strong>Week</strong> 4 <strong>Capstone</strong> <strong>Final</strong><br />

<strong>Examination</strong> <strong>Part</strong> 2<br />

14. Process costing is used when:<br />

<br />

<br />

<br />

<br />

dissimilar products are involved<br />

production is aimed at fulfilling a specific customer order.<br />

the production process is continuous.<br />

costs are to be assigned to specific jobs.<br />

15. A cost which remains constant per unit at various levels of activity is a:<br />

<br />

<br />

<br />

<br />

fixed cost<br />

mixed cost<br />

manufacturing cost<br />

variable cost<br />

16.The group of users of accounting information charged with achieving the<br />

goals of the business is its:<br />

<br />

<br />

<br />

<br />

investors<br />

auditors<br />

creditors<br />

managers<br />

17. Teakap, Inc. has current assets of $1,456,312 and total assets of $4,812,369 for<br />

the year ending September 30, 2006. It also has current liabilities of $1,041,012,<br />

common equity of $1,500,000 and retained earnings of $1,468,347. How much<br />

long-term debt does the firm have?<br />

$803,010<br />

$2,303,010<br />

$1,844,022

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