Consulting Firm Categories Include

question 49

Multiple Choice

Consulting firm categories include

• A) firms that provide expertise in the area of EC but not in traditional business.
• B) traditional consulting companies that maintain divisions that focus on EC.
• C) EC hardware and software vendors that provide technology-consulting services.
• D) all of the above.

---

Definitions:

Direct Labor Cost

The total cost of workforce directly involved in the production of goods or services, excluding indirect labor such as administration.

Variable Costing

A costing technique that only assigns variable production costs to inventory, helping managers understand the impact of production levels on total costs.

Net Operating Income

The income produced through a firm's regular commercial activities, not including taxes and interest.

Variable Costing

A record-keeping system in accounting that inputs only variable production-related expenses (direct materials, direct labor, and variable manufacturing overhead) into the cost evaluation of goods.