Coming Up with as Many Different Uses of a Brick

question 3

Multiple Choice

Coming up with as many different uses of a brick as possible, such as using them for doorstops, is a type of ________ thinking.

• A) disordered
• B) divergent
• C) associative
• D) convergent

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Definitions:

Products Purchase

The expenditure a company makes to buy goods that will be sold to its customers.

Manufacturing Overhead Budget

An estimation of all manufacturing costs, excluding direct labor and direct materials, planned for a specific period.

Predetermined Overhead Rate

An estimated charge used to allocate manufacturing overhead to individual products or jobs, based on a selected activity base.

Budgeted Income Statement

A financial statement that projects the income and expenditures for a specific future period, based on management's expectations and budgeting processes.