Intro
California is an exemplary student city in the USA. The state is famous for its bustling Hollywood life and boisterous festivals. However, only a few people know that it is also one of the best cities in America in which you can complete your studies. The state houses many astonishing American training institutions that offer world-class education/training to overseas students. But not all the universities in California are worth your time. So, to help you out today we are sharing with you the list of the best universities in California.
Here is the list of best universities in the California state in which you can finish your higher studies.
Why Studying in California Is Ideal for You?
There are many great benefits to completing your studies in this fabulous student city. For instance, the state house many exemplary American training institutes. Besides this, the state offers a high standard of living to its habitants. In other words, you won’t regret moving to California for your studies. Following are the reasons why it’s ideal for you to complete your studies in this amazing city in America:
- It is a culturally diverse state and its locals are highly friendly.
- The state is home to many exemplary American learning institutes. For instance, it consists of training institutions like Stanford University, the University of California, Caltech, etc.
- The student city is a student’s paradise. Moreover, it hosts more than 700 festivals like Desert Daze, Coachella, etc.
- Training institutes in the state offer numerous amazing learning programs to students.
- There is no shortage of part-time job opportunities in the student city. To learn about the requirement that you need to meet to work in this amazing American state feel free to contact our Best US Education Consultants in India.
Top Universities in California
The student city houses much exemplary American training institutions that offer world-class education to students. Thus, you won’t regret moving to the student city for your training. Following are some of the best universities in California in which you can pursue your training:
Stanford University
Stanford University is one of the most respectable American training institutions in the entire USA. Moreover, it ranks amongst the top 10 training institutions globally. Thus, you can expect to receive quality training at Stanford University. Besides this, it has a remarkable training staff that consists of highly competent trainers and professors. Furthermore, students who graduate from Stanford University are also highly employable. In other words, you won’t regret joining Stanford University for your training.
University of California
It is another great American training institute in California in which you can finish your education. The training institute ranks high in QS WUR 2023 and offers high-quality education to students. Moreover, it is also not that hard-to-get admission to UOC. However, you must meet specific criteria if you want to enroll yourself in its training programs. Besides this, its trainers and professors are also astonishing. But it can be a little expensive to study at UOC as it charges hefty fees for its learning programs. Overall, it is an outstanding American training institution and you won’t regret completing your training in it.
Caltech
Caltech is one of the finest American training institutes in the entire USA. The learning institute came into the business in the year 1820. Moreover, Caltech holds the 6th position in QS WUR 2023. Besides this, the learning institute offers amazing educational programs and high-quality facilities to students. Furthermore, its trainers also enjoy a great reputation globally. However, getting admission to Caltech is not that easy. You will have to face hefty competition if you plan to complete your training at Caltech.
Santa Clara University
It is another great training institute in California in which you can complete your education. Santa Clara University came into the business in the year 1851 and holds the 55th position in QS WUR 2023. Besides this, it’s famous for its history of education/social services. Thus, you can expect to get quality education at Santa Clara University. Plus, it is also famous for its arts learning programs. Additionally, getting admission to Santa Clara University is also not that difficult. Overall, it is a fantastic American training institution and is perfect for students who seek to get quality arts training. To learn about admission requirements for enrolling yourself in the art training programs of Santa Clara University feel free to contact our USA Education Consultants in Chandigarh.
Conclusion
These are some of the finest training institutes in California in which you can complete your higher studies. So, do check out these best universities if you plan to complete your higher education in this amazing student city. All these educational institutions rank amongst the top American training institutions in the entire USA. In other words, you won’t regret joining any of these educational institutes in California for your studies.
Absorption Costing MCQs with Answers Explanation Engineering ECE
What Is Absorption Costing?
Absorption costing, also known as the all-encompassing, all-inclusive, or comprehensive costing method, is a sophisticated and perplexing managerial accounting framework that attempts to incorporate all expenses that are linked to the production of a particular product. This method is highly intricate and involves a copious amount of calculations and analyses to arrive at the total cost of production.
Every minuscule expense, whether direct or indirect, such as raw materials, labor, rent, utilities, depreciation, maintenance, insurance, and every other associated cost, is taken into account to determine the total cost of the product. The complexity of this method is staggering, and it requires extensive knowledge of accounting principles, an understanding of manufacturing processes, and advanced analytical skills to execute.
However, despite its complexity, absorption costing is still widely used in the industry due to its comprehensive approach to providing an accurate picture of the cost of production. Moreover, under the generally accepted accounting principles (GAAP) in the United States, absorption costing is an approved method for external reporting. In contrast, variable costing is prohibited, adding to the confusion and perplexity surrounding this topic.
Which of the following costs would NOT be included in the cost of goods sold calculation under absorption costing?
a) Direct materials
b) Direct labor
c) Variable manufacturing overhead
d) Fixed manufacturing overhead
Answer: c) Variable manufacturing overhead
Explanation: Under absorption costing, both fixed and variable manufacturing overhead costs are included in the cost of goods sold calculation. Direct materials and direct labor costs are also included.
When production exceeds sales, absorption costing will result in:
a) Higher net income than variable costing
b) Lower net income than variable costing
c) The same net income as variable costing
d) None of the above
Answer: a) Higher net income than variable costing
Explanation: When production exceeds sales, there will be more fixed manufacturing overhead costs that are absorbed into the cost of goods sold calculation under absorption costing. This results in a higher net income compared to variable costing, which only includes variable manufacturing costs in the cost of goods sold calculation.
Which of the following statements is true about absorption costing?
a) It is used for external reporting purposes
b) It is used for internal decision-making purposes
c) It is the same as variable costing
d) None of the above
Answer: a) It is used for external reporting purposes
Explanation: Absorption costing is required for external financial reporting purposes, such as on the income statement and in financial statements. Variable costing, on the other hand, is often used for internal decision-making purposes.
In a period of increasing production and sales, absorption costing will result in:
a) Higher net income than variable costing
b) Lower net income than variable costing
c) The same net income as variable costing
d) None of the above
Answer: c) The same net income as variable costing
Explanation: When production and sales increase, absorption costing and variable costing will result in the same net income. This is because there will be fewer fixed manufacturing overhead costs per unit under absorption costing, but there will also be more units sold.
