Examlex
Which of the following is a video conferencing application?
Distribution
Distribution involves the process of making a product or service available for the consumer or business user that needs it.
Materials Standards
The set specifications or benchmarks for the quality, quantity, and cost of materials used in manufacturing.
Price Variance
The difference between the actual cost of a product or service and its standard or expected cost, which can indicate issues with budgeting or pricing strategy.
Direct Materials
Raw materials that can be directly traced to the production of a specific product and are a variable cost.
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