A Wiki

question 71

Multiple Choice

A wiki

• A)consists of short audio and video files that deliver repetitive information and that can be downloaded and played on numerous devices.
• B)is a website with journal entries on a variety of topics.
• C)is a Web-based tool that uses collaborative software to allow multiple users to create, access, and modify documents.
• D)is a brief message exchanged in real time using a short message service supplied by a cell phone provider or a voice over Internet protocol service.

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Definitions:

Equivalent Units

Units of production expressed in terms of fully completed units; a concept used in manufacturing to measure output in a period that factors in incomplete units.

Material

The substance or substances from which something is made or can be made, often used in reference to supplies used in manufacturing.

Conversion Costs

Costs incurred to convert raw materials into finished products, typically including labor and overhead expenses.

Equivalent Unit

A measurement used in accounting to express the amount of work done on partially finished goods, converted into the equivalent of fully finished units.