The Web and Social Media ______

question 313

Multiple Choice

The web and social media ______.

• A) are unlikely to affect consumer awareness of wants and needs
• B) expose consumers to many goods and services
• C) are drastically replacing opinion leaders
• D) lead to poor buying decisions
• E) have little impact on consumer decision making

---

Definitions:

Factory Overhead

All indirect costs associated with the production process, such as utilities, maintenance, and salaries of non-direct labor.

Work in Process Inventory

Goods that are partially completed in the manufacturing process but are not yet ready for sale.

Factory Wages Payable

The amount owed to factory workers for labor that has not yet been paid.

Direct Labor Costs

Direct labor costs involve the expenditure or expense directly linked to the remuneration of employees who are engaged in the hands-on production of goods or services.