The Following Technology Matrix Describes the Relationship of Certain Industries

question 146

Multiple Choice

The following technology matrix describes the relationship of certain industries within the economy to each other. (A&F, agriculture and food; RM, raw materials; M, manufacturing; F, fuels industry; U, utilities; SI, service industries) ​ ​
Which industry is least dependent on its own goods?
​

• A) raw materials
• B) manufacturing
• C) fules
• D) utilites
• E) service

---

Definitions:

Direct Costs

Costs that are identified with and traced to a cost object.

Wages and Salaries

Payments made to employees for their labor or services, typically based on hours worked (wages) or a set rate per period (salaries).

Machine Maintenance

The process of routine check-ups and repairs on machinery to ensure it is functioning correctly and to prevent future breakdowns.

Support Department Costs

Costs associated with departments that do not directly produce a product or service but provide essential support to production or service departments.