__________ Decisions Occur Frequently and Have Automated Responses Developed for Them,while

question 109

Short Answer

__________ decisions occur frequently and have automated responses developed for them,while ___________ decisions are unique and require conscious thinking,information gathering and careful alternative generation.

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Definitions:

Conversion Costs

The total expenses of direct labor plus manufacturing overheads spent in transforming raw materials into completed goods.

Depreciation Expense

Depreciation expense represents the allocated cost of an asset's reduction in value over time, reflecting the wear and tear or obsolescence of long-term assets used in business operations.

Nonmanufacturing Cost

Expenses not directly related to the production of goods, such as selling, general, and administrative expenses.

Office

An office is a room, set of rooms, or building where the work of a business or organization, particularly clerical work, is conducted.