Question: 1 . The cost accounting terms and classifications. 2 . What is the purpose of the predetermined overhead rate? 3 . What is the purpose

1. The cost accounting terms and classifications.
2. What is the purpose of the predetermined overhead rate?
3. What is the purpose of the job costing method and what kind of business model would use it?
4. What is the purpose of the process costing method and what kind of business model would use it?
5. What is the purpose of activity-based costing and how can it help managers make better decisions?
6. what is the purpose of cost accounting?

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