An Action Item List Refers to an Aid to Implement

question 212

Multiple Choice

An action item list refers to an aid to implement a marketing plan that consists of four columns: (1) the task; (2) __________; (3) the date to finish the task;and (4) what is to be delivered.

• A)the budget
• B)the product or service
• C)the points of difference
• D)the promotional message
• E)the person responsible for completing the task

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Definitions:

Production

The process of converting raw materials, labor, and overhead into finished goods or products.

Equivalent Units

A concept used in cost accounting to convert partially completed goods into an equivalent number of fully completed units.

Unit Production Costs

The total cost associated with producing a single unit of product, including direct materials, labor, and overhead.

Equivalent Units

The concept used in cost accounting to convert partially completed goods into a number of complete units of output for inventory valuation.