Which of the Following Technologies Can Be Used in the General

question 58

Multiple Choice

Which of the following technologies can be used in the general ledger and financial reporting cycle?

• A)ERP and XBRL
• B)ERP and CAD
• C)RFID and XBRL
• D)CAD and RFID

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Definitions:

Predetermined Overhead Rate

A rate used to allocate estimated overhead costs to products or services, based on a preselected activity base.

Manufacturing Overhead

All indirect costs associated with the manufacturing process, excluding direct materials and direct labor expenses.

Machine-Hours

The total number of hours that machinery is operating during a certain period, often used as a basis for allocating manufacturing overhead.

Manufacturing Overhead

All indirect factory-related costs incurred while producing a product, such as utilities and salaries for management.