Which of the Following Costs Are Included in the Cost

question 118

Multiple Choice

Which of the following costs are included in the cost of manufacturing a product?

• A) Direct materials cost, factory overhead cost, and administrative cost
• B) Direct labor cost and factory overhead cost
• C) Direct labor cost, direct materials cost, and factory overhead cost
• D) Direct materials cost and direct labor cost

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Definitions:

Reputational Risk

The potential of losing stakeholder trust or diminishing brand value due to negative public opinion.

Valuation Risk

The potential for loss that arises from inaccuracies or errors in assessing the value of assets, liabilities, or investments.

Micro Political Risk

Micro political risk involves the impact of political decisions, events, or conditions on an individual firm's operations and performance, as opposed to the broader industry or economic segment.

Macro Political Risk

Adverse political actions that affect all foreign investments and operations in a host country.