The Coding Technique Most Likely Used for Sales Orders Is

question 55

Multiple Choice

The coding technique most likely used for sales orders is

• A)block code.
• B)group code.
• C)sequence code.
• D)data code.

Understand the concepts of absorption and activity-based costing (ABC).

Calculate the full cost of a product using absorption costing.

Calculate the full cost of a product using activity-based costing (ABC).

Identify and calculate the cost drivers in activity-based costing.

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Definitions:

Management Information System

An organized approach to collecting, storing, and processing data to provide useful information for decision-making.

Enterprise-wide Network

A comprehensive digital framework that connects all aspects of an organization, facilitating communication and data exchange within the entire enterprise.

Extranet

A private network that uses Internet protocols, network connectivity, and possibly the public telecommunication system to securely share part of an organization's information or operations with suppliers, vendors, partners, customers, or other businesses.

Intranet

A private network accessible only to an organization's staff, often used to share company information and computing resources among employees.