Which of the Following Is Not an Element in Philips

question 59

Multiple Choice

Which of the following is not an element in Philips supplier sustainability audit in relation to 'Ethics'? 

• A) No improper advantage. 
• B) Intellectual property. 
• C) Community engagement. 
• D) Performance objectives.

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Definitions:

Costs Accounted For

The total costs identified and recorded for a specific period or project, including both direct and indirect expenses.

Costs Added

Refers to any additional expenses incurred during the production or acquisition of goods and services, typically encompassing materials, labor, and overhead costs that were not initially budgeted or anticipated.

Job-Order Costing

A cost accounting system that assigns costs to specific production batches or jobs, often used for custom orders.

Cost Reconciliation Report

A financial document detailing the reconciliation of costs, often between actual and standard figures, in the context of manufacturing or production.