Prime Costs Are

question 218

Multiple Choice

Prime costs are

• A) direct materials and factory overhead
• B) direct materials and direct labor
• C) direct labor and factory overhead
• D) period costs and factory overhead

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Definitions:

Promotability

The potential or suitability of an employee for future promotion within an organization.

Present Performance

The current level of effectiveness or achievement of an individual or entity in executing assigned tasks or goals.

Human Resource Shortages

Human resource shortages occur when there is a lack of qualified, skilled workers available to fill job positions within an organization, industry, or geography.

Hiring Freeze

A temporary halt on hiring new employees, typically implemented by an organization to reduce costs.