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What impact did the Supreme Court's decision on McCulloch v. Maryland have on the scope of the federal government?
Directing
The process of guiding, leading, and managing employees in an organization to achieve its objectives.
Controlling
The process of monitoring, comparing, and correcting activities to meet organizational goals and objectives, often part of managerial accounting.
Work in Process Inventory
Inventory that includes all the materials, labor, and overhead costs for products that are in the process of being manufactured but are not yet complete.
Direct Materials
Raw materials that directly become a part of a finished product and can be easily traced to the product.
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