Excel Stores Dates as

question 2

Multiple Choice

Excel stores dates as

• A) numbers
• B) variables
• C) records
• D) text

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Definitions:

Work in Process

Inventory that includes materials that are currently being processed into finished goods but are not yet complete.

Standard Costs

Predetermined costs for materials, labor, and overhead intended as targets for performance evaluation.

Kilos

A unit of measure equivalent to 1000 grams or approximately 2.20462 pounds, often used for measuring weight.

Raw Material

Raw material refers to the basic, untreated resources that are used in the manufacturing process to produce finished goods.