Examlex

Solved

Which of the Following Is NOT a Process Associated with an Accounting

question 76

Multiple Choice

Which of the following is NOT a process associated with an accounting information system?


Definitions:

Average Costs

The total costs of production divided by the number of units produced, representing the cost per unit.

Returns To Scale

The change in output resulting from a proportional change in all inputs in the production process; can be increasing, constant, or decreasing.

Increasing Returns To Scale

See Economies of scale.

Economies Of Scale

Exist when average costs fall as output increases.

Related Questions