The Following Are the Main Methods That Firms Use to Send

question 34

Multiple Choice

The following are the main methods that firms use to send and receive money electronically:

• A)direct payments.
• B)direct deposits.
• C)wire transfers.
• D)All of these options are correct.

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Definitions:

Standard Unit Price

A predetermined or established cost that represents an expected or typical amount to be charged or incurred per unit of product or service.

Actual Unit Price

The real cost of a single unit of a product or service, as incurred or experienced in a transaction.

Standard Quantity

The estimated amount of materials or resources expected to be used during a production process under normal conditions.

Direct Materials

Raw materials that can be directly attributed to the production of specific goods or services.