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Cost Behavior: The way a cost responds to a change in activity.
Allocation: Cost __________ refers to the assignment of indirect cost to a particular object.
Comptroller : The _________ is the one who supervises the cost accountant in the accounting department, whose function is classified primarily as staff function
Management: ___________ Accounting serves to satisfy internal information needs and to provide product costing information for financial statement reporting purposes.
Budgeted: _______ Costs are costs expected to be incurred in the future.
Step: ______ Cost is a variable or fixed cost that shifts upward or downward when activity changes by certain interval or step.
External: Financial Accounting is designed to meet _______ information needs and to comply with GAAP.
Prime: ______ Cost is the sum of direct material costs and direct labor costs.
Cost : A resource sacrificed (used) or forgone to achieve a specific objective.
Historical: ______ Costs are costs used primarily in the preparation of financial statements for external reporting purposes.
Accountability: _________ deals with the discharge of an individual’s responsibility to achieve assigned objectives within the costs and expense allowed for the performance and agreed to by the individual.
Capacity:________ Costs are also identified as Fixed Marketing Costs.
Postponable: _______ Costs are costs that cannot be avoided but the incurrence of which is deferred to a future date.
Direct: ______ Materials are materials that form an integral part of the finished product.
Unexpired: ______ Costs shall be recognized as an asset though ultimately it will become an expense by the passage of time.
Tracing: Cost _______ refers to the assignment of direct costs.
Object: Cost ________refers to any unit, activity or segment for which management wants to accumulate or measure a cost.
Imputed: ________ Costs are hypothetical costs representing the cost or value of a resource measured by its use value.
Sunk: _______ Costs are the costs of resources already incurred in the past whose total will not be affected by any decision made now or in the future.
Outlier: It is possible that at the highest point of activity the costs were out of line from the normal relationship referred to as an _____.
Across:2. | _______ Costs are costs that cannot be avoided but the incurrence of which is deferred to a future date. | 4. | Cost __________ refers to the assignment of indirect cost to a particular object. | 6. | _______ Costs are costs expected to be incurred in the future. | 10. | The way a cost responds to a change in activity. | 12. | ______ Cost is the sum of direct material costs and direct labor costs. | 13. | ___________ Accounting serves to satisfy internal information needs and to provide product costing information for financial statement reporting purposes. | 15. | Cost ________refers to any unit, activity or segment for which management wants to accumulate or measure a cost. | 16. | ______ Cost is a variable or fixed cost that shifts upward or downward when activity changes by certain interval or step. | 18. | ______ Costs shall be recognized as an asset though ultimately it will become an expense by the passage of time. | 20. | Financial Accounting is designed to meet _______ information needs and to comply with GAAP. |
| | Down:1. | ________ Costs are hypothetical costs representing the cost or value of a resource measured by its use value. | 3. | _________ deals with the discharge of an individual’s responsibility to achieve assigned objectives within the costs and expense allowed for the performance and agreed to by the individual. | 5. | Cost _______ refers to the assignment of direct costs. | 7. | ______ Costs are costs used primarily in the preparation of financial statements for external reporting purposes. | 8. | The _________ is the one who supervises the cost accountant in the accounting department, whose function is classified primarily as staff function | 9. | A resource sacrificed (used) or forgone to achieve a specific objective. | 11. | _______ Costs are the costs of resources already incurred in the past whose total will not be affected by any decision made now or in the future. | 14. | ______ Materials are materials that form an integral part of the finished product. | 17. | It is possible that at the highest point of activity the costs were out of line from the normal relationship referred to as an _____. | 19. | ________ Costs are also identified as Fixed Marketing Costs. |
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Across:2. | _______ Costs are costs that cannot be avoided but the incurrence of which is deferred to a future date. | 4. | Cost __________ refers to the assignment of indirect cost to a particular object. | 6. | _______ Costs are costs expected to be incurred in the future. | 10. | The way a cost responds to a change in activity. | 12. | ______ Cost is the sum of direct material costs and direct labor costs. | 13. | ___________ Accounting serves to satisfy internal information needs and to provide product costing information for financial statement reporting purposes. | 15. | Cost ________refers to any unit, activity or segment for which management wants to accumulate or measure a cost. | 16. | ______ Cost is a variable or fixed cost that shifts upward or downward when activity changes by certain interval or step. | 18. | ______ Costs shall be recognized as an asset though ultimately it will become an expense by the passage of time. | 20. | Financial Accounting is designed to meet _______ information needs and to comply with GAAP. |
| | Down:1. | ________ Costs are hypothetical costs representing the cost or value of a resource measured by its use value. | 3. | _________ deals with the discharge of an individual’s responsibility to achieve assigned objectives within the costs and expense allowed for the performance and agreed to by the individual. | 5. | Cost _______ refers to the assignment of direct costs. | 7. | ______ Costs are costs used primarily in the preparation of financial statements for external reporting purposes. | 8. | The _________ is the one who supervises the cost accountant in the accounting department, whose function is classified primarily as staff function | 9. | A resource sacrificed (used) or forgone to achieve a specific objective. | 11. | _______ Costs are the costs of resources already incurred in the past whose total will not be affected by any decision made now or in the future. | 14. | ______ Materials are materials that form an integral part of the finished product. | 17. | It is possible that at the highest point of activity the costs were out of line from the normal relationship referred to as an _____. | 19. | ________ Costs are also identified as Fixed Marketing Costs. |
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© 2015
PuzzleFast.com, Noncommercial Use Only