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Author Question: Direct labor must be tracked and accounted for as part of the production process. Traditionally, ... (Read 50 times)

awywial

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on: Apr 8, 2019

Question 1

Why might an organization find it most beneficial to involve accountants in product design?
◦ Because generally at least 65% of product costs are determined in the design stage and accountants can help minimize product costs
◦ Because accountants are generally able to improve the quality of new products
◦ Because involving accountants in product design boosts firm morale
◦ Because accountants are generally able to identify what consumers want in a new product

Question 2

Direct labor must be tracked and accounted for as part of the production process. Traditionally, direct labor was tracked using ________ but an AIS enhancement is to use ________ to record and track direct labor costs.
◦ job-time tickets; coded identification cards
◦ move tickets; coded identification cards
◦ employee earnings records; job-time tickets
◦ time cards; electronic time entry terminals
Accounting Information Systems ¦ Romney, Steinbart ¦ 14th Edition
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Marked as best answer by awywial on Apr 8, 2019

atrochim

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Reply #1 on: Apr 8, 2019
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awywial

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Reply #2 on: Apr 8, 2019
Excellent


atrochim

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Reply #3 on: Apr 8, 2019
Great! Please up vote :D


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