William Collects Information for His Client Through Examination of Cookies

question 5

Multiple Choice

William collects information for his client through examination of cookies and customer registrations. Because he collected this information himself, it is an example of __________.

• A) Spyware
• B) Second-party data
• C) First-party data
• D) Third-party data

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Definitions:

Job-Order Costing

A cost accounting system used to accumulate costs per job or order rather than a process, suitable for customized orders.

Cost of Goods Manufactured

The total cost incurred to produce products during a specific period, including materials, labor, and overhead.

T-Account

A graphical representation of a general ledger account, used in accounting to depict the effects of transactions on each account.

Cost of Goods Manufactured

The total production cost of goods completed during a specific period, including labor, materials, and overhead.