Explain the difference between data and information


Data are facts which may or may not be processed; data have no particular impact on the user. Information is processed data that causes the user to take action.

Business

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The inventory of a(n)_____________consists of three distinct types of costs: direct materials, direct labor, and manufacturing overhead

Fill in the blank(s) with correct word

Business

If purchases are recorded correctly but ending physical inventory is understated, which one of the following situations occurs for the current year?

A) Working capital is understated and net income is overstated. B) Working capital and net income are understated. C) Working capital is overstated and net income is understated. D) Working capital and net income are overstated.

Business

There are several principles to keep in mind when setting a target point. One thing to remember is that targets should be ________, difficult but achievable, and verifiable.

Fill in the blank(s) with the appropriate word(s).

Business

The tools and technology a service desk uses may influence its physical layout.

Answer the following statement true (T) or false (F)

Business