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____________________ Software Refers to Word Processing, Spreadsheet, Presentation, and Database

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Short Answer

____________________ software refers to word processing, spreadsheet, presentation, and database applications, all of which are designed to increase individual productivity at home, school, and work.


Definitions:

Direct Materials

Raw materials that are directly traceable to the manufacturing of a product.

Indirect Materials

Materials used in the production process that cannot be directly linked to a specific product, such as lubricants and cleaning supplies used on machinery.

Manufacturing Overhead

All indirect costs associated with manufacturing a product, such as utilities, rent, and salaries for employees not directly involved in production.

T-Accounts

A simplified accounting tool that represents a ledger account and is used to understand the effects of transactions on account balances.

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