Which Type of Software Is Created and Updated by a Worldwide

question 15

Multiple Choice

Which type of software is created and updated by a worldwide community of programmers and available for free?

• A)Software packages
• B)Mashups
• C)Outsourced
• D)Open source
• E)Closed source

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Definitions:

Cost of Goods Manufactured

The total cost incurred by a company to produce goods in a specific period, including materials, labor, and overhead.

Inventory

The raw materials, work-in-progress (WIP), and finished goods that a company holds for the purpose of sale in the ordinary course of business.

Production Budget

A plan showing the number of units that must be produced within a specific period to meet both sales demand and inventory requirements.

Units

The basic quantity or measure of a product or service, often used as a basis for pricing or measurement.