Capabilities That Other Firms Cannot Develop Easily Are Classified As

question 25

Multiple Choice

Capabilities that other firms cannot develop easily are classified as:

• A) costly to imitate.
• B) rare.
• C) valuable.
• D) nonsubstitutable.

---

Definitions:

Forming Department

A specific section within a manufacturing facility where raw materials are shaped or formed into parts for products.

Weighted-Average Method

An inventory costing method that calculates the cost of goods sold and ending inventory using the average cost of all goods available for sale during the period.

Process Costing System

is an accounting method used for homogeneous products, where costs are assigned to batches of products instead of individual units, typical in industries like refining or food production.

Molding Department

A specialized department in manufacturing that is responsible for shaping materials using molds.