Competitive Necessity,more Timely Information,and Improved Organizational Planning Are Intangible Benefits

question 32

True/False

Competitive necessity,more timely information,and improved organizational planning are intangible benefits.

---

Definitions:

Job-Order Costing

A cost accounting system that assigns manufacturing costs to an individual product or batches of products.

Predetermined Overhead Rate

A calculated rate used to charge manufacturing overhead costs to products, usually based on a fraction of planned or actual production volumes.

Automated Jointer

A machine tool used in woodworking to flatten or straighten the edges of boards automatically, improving efficiency and precision.

Unused Capacity

The portion of a production facility or resource that is available but not currently in use or producing outputs.