The Change in Variable Costs That Results from Producing One

question 172

Multiple Choice

The change in variable costs that results from producing one more unit of output is called

• A)marginal variable cost.
• B)average variable cost.
• C)total variable cost.
• D)marginal cost.
• E)marginal product.

Understand the cost-benefit principle in the design and operation of accounting information systems.

Explain the concepts and differences between real-time and batch processing in accounting systems.

Describe the key components and the role of data storage in accounting information systems.

Identify the various types of software and programs supporting managerial operations within an accounting information system.

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Definitions:

Sales Calls

Direct communication efforts, often by phone or in person, made by salespeople to potential customers to promote or sell a product or service.

Product Lines

A group of related products under a single brand offered by a company.

Cost Of Goods Sold

An accounting term that refers to the direct costs attributable to the production of the goods sold by a company.

Territorial Evaluation

The assessment of geographical regions within a market for the purpose of business development and strategic planning.