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Data _____ Implies That All Business Entities, Data Elements, Data

question 28

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Data _____ implies that all business entities, data elements, data characteristics, and business metrics are described in the same way throughout the enterprise.


Definitions:

Manufacturing Costs

The total expenses involved in the manufacture of products, including direct materials, direct labor, and factory overhead.

Inventory Accounts

Accounts used to track the cost of goods that are either manufactured or purchased for resale by a business.

Expense Accounts

Expense accounts are ledger accounts that track the costs incurred by an organization during its operations.

Cost Accounting Systems

Systems used by businesses to record, measure, and report on costs associated with their operations, to aid in budgeting and performance evaluation.

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