What Should You Do When You Shop On-Line Using Your

question 92

Multiple Choice

What should you do when you shop on-line using your credit card?

• A)delete immediately all records of your transactions
• B)use a secure browser
• C)give out your private information to anyone who requests it on-line
• D)make sure to open and download all files sent you by strangers
• E)give your password to anyone who requests it

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Definitions:

Indirect Labor

Labor costs associated with aid or support roles that do not directly contribute to the production of goods or services, such as maintenance and supervision.

Direct Labor

The wages paid to workers who are directly involved in the production of goods or services.

Cost Per Unit

Represents the total cost, including both fixed and variable components, divided by the number of units produced, to understand the cost associated with each unit of product.

FIFO Method

A cost flow assumption for inventory valuation where the first goods purchased are the first goods sold.