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What is a Product

Product: Any traceable, discrete, or measurable good or service given to a customer. Frequently goods are termed to as tangible products, and services are termed to as intangible products. A good or service is the product result of a procedure resultant from the consumption of resources.

   Related Questions in Managerial Accounting

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  • Q : What is Variable Cost Variable Cost : A

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    Explain Management accounting as an information system in brief?

  • Q : Performance evaluation and

    Write down a short note on the Performance evaluation and control in decision making process?

  • Q : Define Avoidable Cost Avoidable Cost :

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  • Q : Evaluate the strategic options Identify

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