Backflush Costing Aims at Reducing Waste in the

question 142

Multiple Choice

Backflush costing aims at reducing waste in the

• A)accounting system.
• B)cost of goods sold.
• C)storage of raw materials.
• D)production process.

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Definitions:

IoT

Short for Internet of Things, it refers to the network of physical objects—devices, vehicles, buildings and other items embedded with electronics, software, sensors, and network connectivity that enables these objects to collect and exchange data.

Telemetry

The automatic recording and transmitting of data from remote or inaccessible sources to an IT system in a different location.

Bar Codes

Machine-readable representations of data that describe the object to which they are attached, typically used for identifying and tracking products.

Wireless

Telecommunications in which electromagnetic waves carry the signal between communicating devices.