Which of These Factors Would Be Considered When Making a Location

question 26

Multiple Choice

Which of these factors would be considered when making a location decision at the region/community level?

• A) government rules, attitudes, stability, incentives
• B) cultural and economic issues
• C) zoning restrictions
• D) environmental impact issues
• E) proximity to raw materials and customers

---

Definitions:

Standard Cost System

An accounting system that uses predetermined costs for products or services to facilitate variance analysis and budgeting.

Direct Labour Hours

Total hours accumulated by workers directly involved in the fabrication process.

Direct Materials Inventory

The total cost of raw materials that are directly involved in the manufacturing of a product and are currently held in inventory.

Labour Rate Variance

A financial metric that measures the difference between the actual cost of labor and the expected (or standard) cost.