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What is the difference between assets in M2 and assets found only in M1?
Direct Materials
Materials that can be directly linked to the production of a product.
Indirect Labor
Labor costs associated with employees who do not work directly on the production of goods or services but support the production environment, such as maintenance staff and supervisors.
Decision-Making
The process of selecting the best course of action from multiple alternatives to achieve a desired goal or solve a problem.
Management Function
Activities and responsibilities undertaken by managers to plan, organize, lead, and control resources to achieve specific organizational goals.
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