What Is One of the Trends Forecast for Mobile Computing

question 19

Multiple Choice

What is one of the trends forecast for mobile computing?

• A) The ability of phones to track a person's daily routine and serve them relevant ads.
• B) Mobile adoption rates will level off.
• C) Consumers will shift entirely to mobile devices at the cost of traditional computers.
• D) Mobile technology will continue to develop,and mobile phones will become smaller,faster and capable of more storage.
• E) Mobile is a fad that is fading.

Recognize and record the impact of direct labor costs and direct labor variances on financial statements.

Identify and apply calculations for purchasing and recording raw materials, including variances.

Comprehend the procedure for recording fixed manufacturing overhead costs and its variances.

Determine the net operating income and the adjusted Cost of Goods Sold after closing variances.

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Definitions:

Depreciable Asset

An asset that loses value over time due to wear and tear, and its cost is expensed across its useful life.

Depletion Rate

The rate at which a natural resource is used or consumed, important for accounting and valuation of resource-based companies.

Extractable Ore

Refers to the portion of a mineral or natural resource deposit that can be economically and legally extracted or produced at the time of consideration.

Units-Of-Production Method

An approach to depreciation that allocates an asset's cost based on its use, output, or production, rather than passing time.