The Use of Computers and Telecommunications Equipment to Perform Work

question 66

Short Answer

The use of computers and telecommunications equipment to perform work from home or other remote locations away from the organisation is known as _____________.

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Definitions:

Activity-Based Costing

A costing method that assigns overhead and indirect costs to specific activities related to the production of goods or services.

Materials Handling

Activities involved in moving, storing, controlling, and protecting materials and products throughout the manufacturing, warehousing, distribution, consumption, and disposal processes.

Allocation Rate

A financial metric used to assign indirect costs to different projects or departments within an organization.

Total Overhead

The total of all indirect costs associated with the manufacturing process, including indirect labor, materials, and other expenses necessary for production.