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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

  • Q : How do tax influence the cost of debt

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  • Q : Tax form a deadweight loss Why does a

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    Write down a short note on the benefit of economic in accounting management information?

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    Write down a short note on the influence of manager’s behavior in management accounting information?

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    Briefly list out the main users of the accounting information which are related to the business?

  • Q : Major tasks of board that runs the

    Write down a short note on the major tasks of board that runs the organization?

  • Q : Define Support Costs Support Costs :

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  • Q : What is Service What do you mean by

    What do you mean by Service: It is an intangible product or task rendered directly to a client or customer.

  • Q : Define Employee Stock Ownership

    Employee Stock Ownership: It is a qualified, defined contribution, employee benefit (that is, ERISA) plan designed to invest mainly in the stock of sponsoring employer. ESOPs are "qualified" in the logic that the ESOP's sponsoring company, the selling

  • Q : Budget surplus Select the right answer

    Select the right answer of the question. If the economy has a standardized budget surplus, it means that: A) the public sector is exerting an expansionary impact on the economy. B) tax revenues would exceed government expenditures if full employment were achieved. C)