Which of the Following Replaces the Retailing Component "Purchases" in Computing

question 19

Multiple Choice

Which of the following replaces the retailing component "Purchases" in computing Cost of Goods Sold for a manufacturing company?

• A)direct material used
• B)cost of goods manufactured
• C)total prime cost
• D)cost of goods available for sale

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Definitions:

Analog

Waves that illustrate the loudness of a sound or the brightness of the colors in an image at a given moment in time.

CCD

Stands for Charge-Coupled Device, a type of image sensor used in digital cameras and other imaging devices to capture light and convert it into digital data.

Codec

A rule, implemented in either software or hardware, which squeezes a given amount of audio and video information into less space.

Codec

A computer program capable of encoding or decoding a digital data stream or signal, often used for compressing audio or video data.