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Number Fields Store Values That Represent Quantities,measurements,and Scores,for Example

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Number fields store values that represent quantities,measurements,and scores,for example.


Definitions:

Direct Materials

Raw materials that can be directly attributed to the production of specific goods or services in the manufacturing process.

Factory Utilities

The cost of services such as electricity, water, and gas used in the manufacturing process.

Managerial Accounting

Managerial accounting involves the provision of financial data and advice to a company's management for decision-making.

Financial Accounting

The field of accounting focused on the preparation of financial statements for external users, such as investors, creditors, and regulatory agencies.

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