When Creating Form Letters,you Either Can Type the Letter from Scratch

question 60

Multiple Choice

When creating form letters,you either can type the letter from scratch in a blank document window or use a letter ____.

• A)template
• B)workbook
• C)index
• D)formula

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Definitions:

Cost of Goods Sold

The direct costs attributed to the production of the goods sold in a company, including both materials and labor.

Standard Costs

Predetermined costs for the production of goods or services, used as benchmarks to measure actual production costs and performance efficiency.

Variances

The differences between expected and actual figures in budgeting and accounting, which can indicate over or under performance.

Materials Price Variance

The difference between the actual cost of materials used in production and the expected cost under standard costing.