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Match each independent statement with the appropriate use of feedback.
A)Changing reward systems.
B)Changing how decision alternatives are identified.
C)Changing goals.
D)Changing the range of information collected in order to make predictions.
E)Changing managers.
F)Changing how the company operates.
-The Economic Order Quantity (EOQ)and reorder points of the inventory system are being converted to automatic processing on the computer to increase the information for forecasting inventory demand.
Indirect Expenses
Indirect expenses are costs that cannot be directly attributed to a specific cost object, such as overhead or administrative expenses.
Direct Expenses
Direct expenses are costs that can be directly tied to the production or procurement of specific goods or services, such as raw materials and labor.
Direct Expense
Costs that can be directly traced to a product, service, or project, such as raw materials and labor.
Wages
Payments to employees for their labor or services, typically calculated on an hourly, daily, or piecework basis and paid on a regular schedule.
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