The Control Plan Called Data Verification Is Designed to Reduce

question 109

True/False

The control plan called data verification is designed to reduce the possibility that one person will misread or mis-key data.

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Definitions:

Direct Material

The raw materials directly used in the manufacturing of a product, which are easily traceable to the finished product.

Direct Labor-Hours

Direct labor-hours are the total time workers spend creating a product or providing a service, directly correlated to the volume of production.

Variable Overhead

Indirect production costs that vary with the level of output, such as utilities or indirect materials used in the production process.

Direct Materials

The raw materials that are directly used in the manufacturing process of a product and are easily traceable to that product.