_______, Which Are Products of the Mind, Can Be Quite

question 13

Multiple Choice

_______, which are products of the mind, can be quite valuable even though they may not always take on a physical form.

• A) Digital footprints
• B) Artificial intelligence
• C) Digital rights
• D) Intellectual property

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Definitions:

Performance Report

A report detailing the comparison between budgeted figures and actual figures, used to assess an organization's financial and operational performance.

Conversion Cost

The sum of labor and overhead expenses required to convert raw materials into finished goods.

Direct Materials

Raw materials that can be directly traced to the production of a specific product and are a direct cost in the manufacturing process.

Finished Manufactured Product

A product that has completed the manufacturing process and is ready for sale to customers.