A ________ Is a Distinctive Symbol,letter,numeral,device,shape,colour,sound or Scent

question 74

Multiple Choice

A ________ is a distinctive symbol,letter,numeral,device,shape,colour,sound or scent.

• A)product
• B)brand
• C)trademark
• D)watermark
• E)patent

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Definitions:

Labour Efficiency Variance

The difference between the actual hours worked and the standard hours allowed for the work performed, often used to assess workforce productivity.

Material Price Variance

The difference between the actual cost of materials and the expected (standard) cost, multiplied by the quantity of materials purchased.

Deliberate Inefficiency

Intentionally lowering productivity or efficiency for strategic reasons, such as reducing the risk of job cuts.

Work In Process

Inventory that includes goods in the middle of the manufacturing process but not yet completed.