Professional Development Is an Important Way to Remain Current and Competent

question 7

Multiple Choice

Professional development is an important way to remain current and competent as practitioners.One overlooked area of professional development is

• A)contributing to the learning of students and colleagues
• B)using online technology and webinars to learn
• C)attending conferences.
• D)Engaging in professional reading.

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Definitions:

Direct Materials Cost

The expense incurred for raw materials that are directly incorporated into a finished product.

T-Accounts

A simplified form of accounting ledger that uses a two-column format to show the increases and decreases in different financial accounts.

Job-Order Costing System

An accounting method that accumulates costs for individual units or small batches of production, often used for custom orders.

Direct Materials

Raw materials that are directly traceable to the production of a specific product.