________ Information and Reports Are Used When Planning,organizing,staffing,directing,and Controlling

question 31

Multiple Choice

________ information and reports are used when planning,organizing,staffing,directing,and controlling.

• A) Variance analysis
• B) Financial accounting
• C) Cost-volume-profit analysis
• D) Managerial accounting

---

Definitions:

Indirect Materials

Materials used in the production process that cannot be directly linked to a specific product, such as lubricants and cleaning supplies.

Factory Overhead

All indirect costs related to manufacturing, excluding direct materials and direct labor, like utilities, depreciation, and maintenance expenses.

Product Units

Refers to the individual items or quantities of a product that are produced or available for purchase.

Factory Overhead

Refers to the indirect manufacturing costs that are not directly traceable to specific units produced, including utilities, depreciation, and salaries for factory staff.