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Use of Automated Decision Systems (ADSs) Is Likely to Result

question 61

True/False

Use of automated decision systems (ADSs) is likely to result in a reduction of middle management.


Definitions:

Actual Overhead Costs

The real costs that a company incurs for its indirect materials, indirect labor, and other overhead expenses.

Direct Labour Cost

The wages and benefits paid to workers who are directly involved in the manufacturing process.

Manufacturing Overhead Applied

The allocation of overhead costs to the goods produced, based on a predetermined overhead rate.

Job-order Costing

A cost accounting system that accumulates manufacturing costs separately for each job.

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