____________________ Banking Is a Faster and Convenient Alternative to Traditional

question 13

Short Answer

____________________ banking is a faster and convenient alternative to traditional banking.

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Definitions:

Cost Of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials and labor costs.

Materials And Labor

The primary components of manufacturing costs, representing the raw materials and workforce expenses directly involved in production.

Prime Costs

The sum of direct materials and direct labor expenses directly involved in the manufacturing of a product.

Direct Materials

Raw materials that can be directly attributed to the production of goods, forming a significant part of the finished product.