Settings Automatically Used by a Program Unless the User Specifies

question 171

Multiple Choice

Settings automatically used by a program unless the user specifies otherwise are called __________ settings.

• A) command
• B) macro
• C) default
• D) regular

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Definitions:

Actual Quantity

The real or measured amount of inputs used in the production of goods or services, often compared against budgeted or standard quantities for analysis.

Standard Price

A predetermined cost assigned to materials, labor, and overhead, used in budgeting and variance analysis.

Revenue Volume Variance

This reflects the difference between actual revenue and the expected revenue that was based on the budget, often attributed to changes in sales volume.

Planned Selling Price Sep## Actual Units Sold

This represents the comparison between the pre-established price at which goods were intended to be sold and the actual number of units sold.