Examlex
Which of the following techniques is recommended to eliminate language that acts as a barrier to communication?
Direct Materials
Raw materials that are directly incorporated into a finished product and can be directly assigned to the product.
Standard Costs
Predetermined cost estimates used to measure the cost performance of an operation, allowing for budgeting and variance analysis against actual costs.
Standard Price
A predetermined cost of a resource or product, used for budgeting and cost control purposes.
Standard Quantity
A predetermined amount of input that should be used in producing a unit of output.
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