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In the Context of the Input Component of a Data

question 32

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In the context of the input component of a data warehouse, _____ collect, integrate, and process data that can be used by all functional areas in an organization.


Definitions:

Standard Cost System

An accounting method that uses predetermined costs for products and services to help managers control expenses and operations.

Labor Rate Variance

The variance between the real labor expenses and the anticipated (or benchmark) cost.

Labor Efficiency Variance

The gap between the number of hours actually worked and the number of standard hours projected, multiplied by the standard wage rate.

Direct Labor

The expenses associated with salaries for workers directly involved in the creation or production of products.

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