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Which of the Following Best Describes an ACH Transfer of Funds

question 47

Multiple Choice

Which of the following best describes an ACH transfer of funds between two separate banking institutions?


Definitions:

Direct Materials Cost

The cost of raw materials that are directly involved in the manufacturing of a product and can be easily traced back to it.

Activity-Based Costing

A costing method that assigns costs to products and services based on the activities they require.

Direct Labor-Hours

Cumulative working time of employees who are directly engaged in producing goods.

Direct Materials Cost

The cost of raw materials that can be directly traced to the production of goods.

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