The List of Secondary Sources at the End of a Report

question 21

Multiple Choice

The list of secondary sources at the end of a report is labeled "Works Cited" when it contains

• A) all the secondary sources consulted in preparing the report.
• B) only those secondary works that were mentioned in the report.
• C) anonymous sources.
• D) more than ten entries.

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Definitions:

Direct Materials Costs

The costs of raw materials that are directly involved in the manufacture of a product and can be directly traced to the product.

Fixed Overhead Costs

Expenses that do not vary with the level of production or sales, such as rent, salaries, and insurance.

Budgeted Manufacturing Cost

The projected costs involved in producing goods over a specific period, including labor, materials, and overhead expenses.

Flexible Budget Report

A financial report that compares actual results to a budget adjusted for the actual level of activity or volume of work performed.