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6. a. The cost of a manufactured product generally consists of which of the following costs? Direct materials cost and factory overhead cost b. Direct

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6. a. The cost of a manufactured product generally consists of which of the following costs? Direct materials cost and factory overhead cost b. Direct labor cost and factory overhead cost Direct labor cost, direct materials cost, and factory overhead cost d. Direct materials cost and direct labor cost C. 7. The current year's advertising costs are normally considered period costs. a. True b. False 8. Controlling consists of monitoring the operating results of implemented plans and comparing the actual results with the expected results. True b. False a. 9. Operational planning, somenes called tactical planning, is the short-term planning used for achieving operational goals. a. True b. False 10. Planning is the process of setting goals for the use of an organization's resources and of developing ways to achieve these goals. True b. False a

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