Examples of the controller's functions include all of the following except: Multiple Choice investor relations. cost accounting policies. general ledger. budgeting. The volume and speed with which information is generated and made available is: Multiple Choice data visualization. big data. enterprise resource planning. data analytics. Which of the following best distinguishes an opportunity cost from an outlay cost? Multiple Choice Opportunity costs are recorded, whereas outlay costs are not. Outlay costs are speculative in nature, whereas opportunity costs are easily traceable to products. Opportunity costs have very little utility in practical applications, whereas outlay costs are always relevant. Opportunity costs are sacrifices from foregone alternative uses of resources, whereas outlay costs are cash outflows. Which of the following costs is both a prime cost and a conversion cost? Multiple Choice Direct materials Direct labor Manufacturing overhead Administrative costs