Author Question: The adjusted allocation approach yields the benefits of ________. A) timeliness and convenience ... (Read 85 times)

Lisaclaire · **on:** Jul 5, 2018

The adjusted allocation approach yields the benefits of ________.

A) timeliness and convenience of normal costing
B) allocating budgeted manufacturing overhead costs at the end of the year
C) write-off to the cost of goods sold approach
D) the proration approach

Question 2

A chart of accounts is
a. the same as a balance sheet
b. usually a listing of accounts in alphabetical order
c. usually a listing of accounts in financial statement order
d. used in place of a ledger