MATCHING Identify the Letter of the Choice That Best Matches the the Phrase

question 62

Short Answer

MATCHING
Identify the letter of the choice that best matches the phrase or definition.
a.MIS
f.team leaders
b.modeling
g.operational employees
c.message
h.supply chain
d.spiral model
i.scalable design
e.ERP
j.prototype
-People who rely on TP systems to enter and receive data they need to perform their jobs.

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Definitions:

Absorption Costing

A costing method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.

Variable Costing

An accounting method in which variable manufacturing costs are included in product costs, while fixed manufacturing overhead is treated as an expense of the current period.

Net Operating Income

A financial metric that calculates a company's income after operating expenses are deducted, but before interest and taxes are subtracted.

Direct Material Cost

The expense of fundamental materials directly utilized in the production of a product.