Samson,Inc

question 36

Multiple Choice

Samson,Inc.,encourages employee collaboration by using an advanced form of videoconferencing that merges robotic technology.This gives cross-border employees a sense of being together through virtual conversations while also helping save the company substantial travel expenditure.The technology that the company uses is known as:

• A) video relay service.
• B) virtual reality.
• C) multiple points of presence.
• D) artificial reality.
• E) telepresence.

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Definitions:

Variable Costing

Variable costing is an accounting method that only considers variable costs, which change with production levels, in the cost of goods sold and excludes fixed manufacturing overhead.

Income Statement

A financial statement that shows a company's revenues, expenses, and profits over a period of time.

Absorption Costing

An approach to pricing that involves including every manufacturing expense - like direct materials, direct labor, as well as fixed and variable overheads - in calculating the cost of a product.

Income Statement

A financial statement that reports a company’s financial performance over a specific accounting period.