Information Such as the Author of the Document or the Date

question 40

Multiple Choice

Information such as the author of the document or the date the document was created is referred to as ____.

• A) soft copies
• B) hard copies
• C) metadata
• D) docudata

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Definitions:

Process Costing

A costing method used for homogeneous products, where costs are accumulated over a period and assigned to large numbers of identical units.

Cost Per Equivalent Unit

A calculation used in process costing that determines the cost associated with a single unit of output, adjusting for partial completion of units in the production process.

Materials Cost

The cost of raw materials used to produce goods.

Process Costing

A method of costing that is used in industries where production is continuous and the product is indistinguishable from unit to unit.