The Term "Smishing" Means

question 21

Multiple Choice

The term "smishing" means:

• A)Conducting identify theft by using text messages on cell phones
• B)Attempting to appear unnoticeable for an illegal act
• C)Stealing small amounts of monies from several computer accounts
• D)Masquerading as a corporate manager in order to obtain useful information

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Definitions:

Direct Materials

Materials that can be directly linked to the production process of a product and are essential components of the final product.

Weighted-Average Method

An inventory costing method that assigns the average cost of goods available for sale to both ending inventory and cost of goods sold, weighing the average by the quantities purchased at different prices.

Conversion Cost

The combination of direct labor and manufacturing overhead costs required to convert raw materials into finished products.

Molding Department

A specific section within a manufacturing facility where the process of shaping materials into desired forms through various molding techniques occurs.