Which of the Following Is a Basic Element of Effective

question 116

Multiple Choice

Which of the following is a basic element of effective budgetary control?

• A)cost behavior patterns
• B)cost-volume-profit analysis
• C)standard costing
• D)all of the above

---

Definitions:

Parallel Resistance

The overall resistance of resistors connected in parallel, calculated in a way that the total resistance is always less than the smallest individual resistor's resistance in the circuit.

Superposition Theorem

A principle that allows for the analysis of circuits with multiple sources by considering the effect of each source separately and then summing the results.

Closed Loop

A closed loop refers to a control system where the output influences the input through feedback to maintain desired operation characteristics.

Kirchhoff's Laws

A set of two fundamental rules in electrical engineering that describe the conservation of current and energy in electrical circuits.