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Cisco Internet of Everything Connects People, Processes, Things, and Data

question 168

Multiple Choice

Cisco Internet of Everything connects people, processes, things, and data. Which two of its characteristics have an impact on businesses? (Choose two.)


Definitions:

Activity-Based Costing

Activity-based costing is an accounting method that assigns costs to products based on the activities required to produce them, aiming to provide more accurate product costing.

Complexity-Related

Pertaining to factors or costs associated with the complexity of producing a product or service, including design, customization, and process intricacies.

Size-Related

Anything pertaining to or dependent on the size or scale of an object, situation, or entity.

Order-Related

Costs or activities that are directly associated with specific orders or batches of product rather than general business operations.

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