What Term Do We Use for the Flow of Content

question 13

Multiple Choice

What term do we use for the flow of content across multiple media and the accompanying migration of media audiences?

• A)cultural convergence
• B)digital divide
• C)culture gap
• D)information superhighway

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Definitions:

Equivalent Units

A measure used in cost accounting to express the amount of work done by employees or machines in terms that allow for the comparison between completed units and units that are partially completed.

Process Costing

An accounting methodology that traces and accumulates direct costs, and allocates indirect costs, of a manufacturing process.

Conversion Costs

The combined costs of direct labor and manufacturing overheads, representing the expenses to convert raw materials into finished goods.

Equivalent Units

Equivalent units are a concept in cost accounting used to express the amount of materials or labor needed to produce a unit of output in a process that is partially complete.