"The Information and Communications Technology (ICT) Component Is at the Very

question 19

Multiple Choice

"The information and communications technology (ICT) component is at the very heart of the company's competitive advantage." Which of the following statements is the most accurate justification of this claim?

• A) Companies benefit from the cost savings made possible through information systems.
• B) Cost of implementing technology has increased over a period of time.
• C) Most businesses involve the sale of technical or technological services.
• D) Global technological investments have increased in the past ten years.

Recognize the effectiveness of multiple department overhead rate methods in service organizations.

Apply different factory overhead allocation methods including single plantwide rate and multiple department rates.

Understand common bases for allocating factory overhead and their implications.

Understand the concept of activity-based costing (ABC) and its importance in accurately assigning costs to products.

---

Definitions:

Slide Number

A feature in presentation software that automatically numbers each slide in a presentation for easy identification and navigation.

Distribute

In design and layout, the act of evenly spacing objects either vertically or horizontally to ensure an aesthetically pleasing and balanced look.

Align Menu

A feature in software that arranges items or text in a line or grid according to a specific pattern or alignment.

Objects

In programming and software, refers to instances of a class that encapsulate data and functionality for manipulation of that data.