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EX 18-5 Concepts and terminology From the choices presented in parentheses, choose the appropriate term for completing each of the following sentences: a. Feedback is

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EX 18-5 Concepts and terminology From the choices presented in parentheses, choose the appropriate term for completing each of the following sentences: a. Feedback is often used to (improve, direct) operations. b. The implementa OBJ. 1, 2 tion of automatic, robotic factory equipment normally (increases, decreases) the direct labor component of product costs. Advertising costs are usually viewed as (period, product) costs. work in process inventory). sion) costs. c. d The balance sheet of a man ufacturer would include an account for (cost of goods sold, e. Factory overhead costs combined with direct labor costs are called (prime, conver

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