This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A company may use absorption costing for external reporting and still choose to use throughput ... (Read 83 times)

Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
on: Mar 6, 2021

Question 1

Which of the following inventory costing methods shown below is required by GAAP (Generally Accepted Accounting Principles) for external financial reporting?
◦ absorption costing
◦ variable costing
◦ throughput costing
◦ direct costing

Question 2

A company may use absorption costing for external reporting and still choose to use throughput costing for internal reports.
◦ true
◦ false
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Chelseaamend on Mar 6, 2021

flexer1n1

  • Sr. Member
  • ****
  • Posts: 373
Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


Chelseaamend

  • Member
  • Posts: 545
Reply 2 on: Mar 6, 2021
:D TYSM

31809pancho

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

External beam radiotherapy. External beam radiotherapy.
External female genitalia External female genitalia
Examples of criteria for reporting and recording Examples of criteria for reporting and recording
Nasal cartilage and external structures. Nasal cartilage and external structures.
(a) Blue arrows (right side): External components of the innate immune system: human body with skin, ... (a) Blue arrows (right side): External components of the innate immune system: human body with skin, ...
A company that sells sweatshirts finds that the profit can be modelled by P(s)= ... A company that sells sweatshirts finds that the profit can be modelled by P(s)= ...
Video: Cavernous Sinus Larynx Middle Ear Orbit: Granulesm Animation

For a complete list of videos, visit our video library