Conversion costs consist of
a. direct materials and direct labor.
b. direct labor and overhead.
c. direct materials and overhead.
d. direct labor and indirect labor.
B
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Which of the following best illustrates the use of multifactor authentication?
A. Requiring the use of upper case, lower case, numeric, and special characters for a password. B. Requiring password changes every 30, 60, or 90 days. C. Requiring the use of a smart card and a password. D. The use of a fingerprint scanner for access to a device.
If a company uses a process costing system to account for costs in its three production departments, how many Work in Process accounts will it use?
A) 5 B) 3 C) 1 D) 4
The pricing method that establishes selling prices based on a specified rate of return on the assets employed in the operation is
A) target cost pricing. B) return on assets pricing. C) time and materials pricing. D) gross margin pricing.
The decision to have a third party perform a supply chain function is called
A) insourcing. B) outsourcing. C) offshoring. D) onshoring.