Which of the Following Statements Is TRUE About AI in the Workplace

question 56

Multiple Choice

Which of the following statements is TRUE about AI in the workplace?

• A) Commercial banks rarely use AI.
• B) Robots are not yet in use in the workplace.
• C) The design of self-driving cars is done without AI technologies.
• D) The retail industry uses recommendation engines to suggest purchases.

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Definitions:

Weighted-Average Method

A cost accounting method that averages the costs of goods available for sale or production, weighting by the quantities at each cost.

Materials Cost

The total expense incurred by a company for raw materials and supplies needed to manufacture products.

Weighted-Average Method

A method for valuing inventory that figures out the cost of goods sold and the end inventory value by averaging the cost of all items available for sale over the period.

Labor and Overhead

The combination of direct labor costs and overhead costs incurred in the production process.