The Use of Information Technology to Monitor and Control a Physical

question 98

Multiple Choice

The use of information technology to monitor and control a physical process is known as

• A) process control.
• B) computer-aided design.
• C) information numeric control.
• D) numeric control.
• E) physical control.

---

Definitions:

Job Order Costing System

An accounting method that collects costs of materials, labor, and overhead for specific jobs, suitable for customized or unique products.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials and labor.

Underapplied Overhead

When the actual manufacturing overhead costs are higher than the overhead allocated to products or services.

Actual Overhead Cost

The real expenses occurring from indirect costs, such as utilities, rent, and administrative expenses, necessary for running a business.