EduCool Is a Web-Based Student Information System

question 95

Multiple Choice

EduCool is a web-based student information system. It allows parents to follow their child's performance online. It includes grades, attendance, assignments, and student data on a daily basis. EduCool is an example of:

• A) advancement in service technology.
• B) advancement in manufacturing technology.
• C) computer-aided manufacturing.
• D) computer aided design.
• E) computer-assisted technology.

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Definitions:

Expenses

The costs incurred in the process of earning revenue, categorized as operating or non-operating depending on their nature.

Product Costs

Costs that are incurred to acquire or manufacture a product and include direct materials, direct labor, and manufacturing overhead.

General Costs

Broadly refers to the overhead and administrative expenses that are not directly tied to any specific department or product.

Indirect Labor

Labor costs not directly associated with the production of goods, such as maintenance and cleaning staff salaries.