When Supporting Your Main Points with Statistics, It Is Important

question 19

Multiple Choice

When supporting your main points with statistics, it is important to remember

• A) to use exact, precise numbers.
• B) not to leave any available data out.
• C) to use a visual chart or graph.
• D) not to relate them to other information.

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Definitions:

Direct Materials

Raw materials that are directly traceable to the production of specific goods or services.

Factory Overhead

All indirect costs associated with manufacturing, such as utilities, depreciation, and maintenance, not directly tied to production.

Conversion Costs

The sum of labor costs and overhead expenses related to the transformation of materials into finished products.

Direct Materials

Raw materials that are directly traceable to the production of specific goods or services and are a significant component of manufacturing costs.