Information technology (IT) consists of all the hardware that a firm needs to use in order to achieve its business objectives, whereas information systems consist of all the software and business processes needed

Indicate whether the statement is true or false

FALSE

Business

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Douban Corporation provided the following information for the year

Beginning Balance-Work-in-Process Inventory $27,000 Ending Balance-Work-in-Process Inventory 57,000 Beginning Balance-Raw Materials Inventory 87,000 Ending Balance-Raw Materials Inventory 61,000 Purchases-Raw Materials 358,000 Direct Labor 469,000 Indirect Labor 21,000 Depreciation on Factory Plant and Equipment 22,000 Plant Utilities and Insurance 271,000 What was the total manufacturing costs incurred during the year? A) $698,000 B) $314,000 C) $853,000 D) $1,167,000

Business

Taking bits and pieces from one source while failing to give credit is considered plagiarism

Indicate whether this statement is true or false.

Business