Examlex

Solved

Which Term Refers to "From Farm to Fork" -The Web

question 45

Multiple Choice

Which term refers to "from farm to fork" -the web of production of farm implements and feeds, to growing, harvesting, packaging and distributing food?


Definitions:

Process Costing

A costing method used for homogeneous products, dividing total costs by the number of units produced to calculate cost per unit.

Homogeneous

Characterized by uniformity or similarity in composition, nature, or character, often used in reference to materials or mixtures.

Processing Department

An organizational unit where work is performed on a product and where materials, labor, or overhead costs are added to the product.

Process Costing

An accounting system used to apply costs to similar products that are mass-produced in a continuous fashion.

Related Questions