Presented Below Are Terms Preceded by Letters (A)through (G)and Followed

question 84

Multiple Choice

Presented below are terms preceded by letters (a) through (g) and followed by a list of definitions (1) through (7) .Match the letter of the term with the definition.Use the space provided preceding each definition
-A process of analyzing alternative long-term investments.

• A)Net present value
• B)Capital budgeting
• C)Accounting rate of return
• D)Net cash flow
• E)Internal rate of return
• F)Payback period

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Definitions:

Product Costs

The total costs incurred to manufacture a product or provide a service, including direct materials, labor, and overhead expenses.

Inventories

Items of merchandise, raw materials, work-in-progress, and finished goods that a company holds for the purpose of sale in the ordinary course of business.

Raw Materials

The basic materials from which products are manufactured or made, typically unprocessed or minimally processed states.

Work In Process

Goods partially completed in manufacturing but not yet ready for sale, representing a component of a company’s inventory.