Justin Works at a Top Accounting Firm in Los Angeles

question 196

Multiple Choice

Justin works at a top accounting firm in Los Angeles and his responsibilities include developing reports for each salesperson, product, and part as well as department wide sales reports by salesperson, product, and part. Justin's duties provide value to his company and would be categorized as occurring at the different ________.

• A) Information levels
• B) Information formats
• C) Information granularities
• D) Information focus

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Definitions:

Direct Materials

Raw materials that are directly traceable and integral to the finished product in the manufacturing process.

Selling Costs

All costs that are incurred to secure customer orders and get the finished product or service into the hands of the customer.

Indirect Costs

Costs that are not directly traceable to a single product or operation, such as overhead.

Opportunity Costs

The potential benefit missed out on when choosing one alternative over another.