A(n)____ Is a Logical Grouping of Several Data Files That

question 58

Multiple Choice

A(n) ____ is a logical grouping of several data files that store data with similar characteristics.

• A) procedure cache
• B) file group
• C) data files
• D) extends

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Definitions:

Materials Price Variance

The difference between the actual cost of materials purchased and the expected cost based on the standard price.

Materials Quantity Variance

The variance between the actual and projected amounts of materials consumed in manufacturing, multiplied by the unit's standard cost.

Standard Cost

An estimated or pre-determined cost of manufacturing a product, which is used for budgeting and performance evaluation.

Fixed Overhead Volume Variance

The difference between the budgeted and actual fixed overhead costs, attributed to variations in production volume.