What Was One Major Change That Happen in Business Because

question 48

Multiple Choice

What was one major change that happen in business because of the Target breach?

• A) a shift from magnetic swipe cards to smart cards
• B) the government requiring all companies to hire a CISO
• C) people choosing to use cash instead of credit cards
• D) companies granting all of their customers credit monitoring services

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Definitions:

Job-Order Costing System

A cost accounting system that assigns manufacturing costs to a specific product or batches of products, often used in customized production environments.

Predetermined Overhead Rate

A rate calculated before a period begins, used to allocate estimated overhead costs to products or job orders based on a selected activity base, such as direct labor hours.

Variable Manufacturing Overhead

Costs in manufacturing that vary with the level of production output, such as utilities for machinery.

Fixed Manufacturing Overhead

The set of costs associated with the production process that do not change with the level of production, including rent, salaries, and insurance.