Answer:
Which of the following statements best decribes an indirect cost?
An indirect cost is assigned to a cost object using allocation
Explanation:
A cost or expense that is not directly traceable to a department, product, activity, customer, etc. As a result indirect costs and expenses are often allocated to the department, product, etc.
He developed the assembly line
Answer:
B. Capital Rationing
Explanation:
Capital rationing is a technique used by organizations and companies whereby restrictions are placed on the projects that the organization or company can undertake or limitations on the capital that can be invested by the organization or company. This limitations are placed because the organization or company aim is directed at choosing only the most profitable investment for capital investment decision or carrying out only the most profitable projects. It involves choosing amongst alternative investment.
Answer:
Ethics in information technology is important because it creates a culture of trust, responsibility, integrity and excellence in the use of resources. Ethics also promotes privacy, confidentiality of information and unauthorized access to computer networks, helping to prevent conflict and dishonesty.
Explanation:
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<span>Other than raw materials and manufacturing overhead, what is the third component of inventories for manufacturing companies?
Materials, manufacturing overhead and direct labor are all components of inventories for manufacturing companies. Manufacturing overhead consists of labor and materials that are used in the manufacturing process.
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