In Order to Be Prepared for a Potential Disaster, Businesses

question 19

Multiple Choice

In order to be prepared for a potential disaster, businesses should ________.

• A) make customers responsible for their contingency plans
• B) avoid storing vital information and data on the cloud
• C) wait until a natural disaster strikes to see how employees react
• D) create a preparedness program for the business

---

Definitions:

Overapplied

Overapplied refers to a situation where the allocated overhead cost in an accounting period is greater than the actual overhead cost.

Cost of Goods Manufactured

The total production cost of goods completed during a specific period, including labor, materials, and overhead costs.

Schedule

A predetermined or planned timeline for activities or events, often outlining specific tasks and their intended start and finish times.

Cost of Goods Manufactured

The total cost associated with producing goods within a specific accounting period, including materials, labor, and overhead.