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
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Part 2
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