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An online service provider provides its users with hosted computers, an operating system, and a database management system (DBMS) . This allows customers to add their own applications to the hosted services. Which of the following cloud-based offerings is being provided to the users?
Indirect Materials
Materials used in the production process but not directly traceable to a specific product.
Work In Process
An inventory category that refers to partially completed goods that are still in production.
FIFO Method
"First In, First Out" method, an inventory costing technique that assumes the first items added to inventory are the first ones sold.
Beginning Inventory
The value of all the inventory held by a business at the start of an accounting period.
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