Examlex
What are the two software testing strategies that companies typically use?
Which strategy is more expensive?
Period Costs
Expenses not directly tied to the production of goods or services, such as selling, general, and administrative expenses, expensed in the period they occur.
Job Cost Sheets
A document or record that captures all costs associated with a specific job or project, allowing for more precise tracking and billing.
Unit Cost Trends
Analysis of how the cost required to produce a single unit of a product changes over time, which can indicate efficiency improvements or the need for adjustments in pricing strategies.
Continuous Improvement
An ongoing effort to improve products, services, or processes by making small, incremental changes over time.
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