Which One of the Following Statements Is Correct

question 55

Multiple Choice

Which one of the following statements is correct?

• A)Technological resources should have a stronger relationship to the extent of diversification than either financial or intangible resources.
• B)Financial resources should have a stronger relationship to the extent of diversification than either tangible or intangible resources.
• C)Intangible resources should have a stronger relationship to the extent of diversification than either tangible or financial resources.
• D)Technological resources should have a stronger relationship to the extent of diversification than either tangible or intangible resources.

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Definitions:

Processing Department

A specialized unit within a manufacturing facility where a specific type of processing or production stage is carried out.

Cost System

An accounting method used to track, record, and analyze costs associated with a company's operations, products, or services.

Cost Per Equivalent Unit

A calculation used in process costing that determines the cost allocated to each unit, considering the stage of completion.

Conversion Costs

The costs incurred to convert raw materials into finished products, including direct labor and manufacturing overhead.