In Order to Obtain More Accurate Product Costs, How Do

question 14

Multiple Choice

In order to obtain more accurate product costs, how do many companies allocate overhead?

• A)They use activity-based costing.
• B)They use enterprise resource planning systems.
• C)They use just-in-time methods.
• D)They use total-quality management systems.

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Definitions:

IRM Tool

Information Rights Management Tool; a form of IT security technology used to protect sensitive data from unauthorized access or manipulation.

Documents Control

The process of managing documents in order to ensure they are accurate, safely stored, and easily retrievable.

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The delivery of computing services—including servers, storage, databases, networking, software, analytics, and intelligence—over the Internet (“the cloud”) to offer faster innovation, flexible resources, and economies of scale.

Microsoft Word 2010

A version of Microsoft's word processing software released in 2010, part of the Microsoft Office suite.