______________ Is Necessary When Preliminary and Concurrent Controls Have Failed

question 17

Multiple Choice

______________ is necessary when preliminary and concurrent controls have failed.

• A)Proactive control
• B)Inputs
• C)Damage control
• D)Outputs

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Definitions:

Indirect Materials

Materials used in the production process that are not directly traceable to individual products, such as lubricants and cleaning supplies.

Specific Production

A manufacturing or production process tailored to produce specific, customized products for individual customers' requirements.

Process Costing System

An accounting system used to calculate the cost of producing products in industries where the production process is continuous.

Process Costing System

An accounting method used where goods are produced in a continuous process, costs are averaged over all units to calculate unit costs.