Which of the Following Are Not Production Costs

question 7

Multiple Choice

Which of the following are not production costs?

• A) Direct materials
• B) Indirect labour
• C) Selling expenses
• D) Indirect materials

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Definitions:

Organization Chart

A diagram that shows the structure of an organization, including the relationships and relative ranks of its parts and positions/jobs.

Organizational Strategy

A plan of action designed to achieve a long-term or overall aim within an organization.

Technological Strategies

Plans and actions implemented to leverage technology for competitive advantage and operational improvement.

Competitive Advantage

A condition that allows a company or country to produce goods or services at a lower price or in a more desirable fashion for customers than its competitors.