Values Are

question 9

Multiple Choice

Values are

• A)specific and pervasive boundaries for behavior that should not be violated.
• B)acceptable behavior as defined by the company and industry.
• C)attempts by businesses to minimize their negative impact on society.
• D)a person's moral philosophies about what is right or wrong.
• E)enduring beliefs and ideals that are socially enforced.

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Definitions:

Direct Labor-Hours

The total hours of labor time directly involved in producing goods or providing services, often used as a basis for allocating manufacturing overhead.

Fixed Manufacturing Overhead

Costs related to production that do not change with the level of output, such as rent, salaries of permanent staff, and depreciation of factory equipment.

Job-Order Costing System

An accounting system that assigns costs to specific production batches or jobs, used in environments where products are customized or not identical.

Manufacturing Departments

Divisions within a manufacturing organization, each focusing on a specific aspect of the production process.