Component That Measures Elapsed Time and to Trigger Operations Is

question 15

Multiple Choice

Component that measures elapsed time and to trigger operations is called a

• A) programmable interval timer.
• B) high performance event timer.
• C) network time protocol.
• D) socket.

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Definitions:

Volume-based Costing

A costing method that allocates overhead expenses based on the volume of goods produced or services provided.

Quantitative Analysis

The use of mathematical and statistical methods to evaluate financial and operational information for decision-making.

Sunk Costs

Costs that have already been incurred and cannot be recovered, and therefore should not influence future business decisions.

Opportunity Costs

The cost of the next best alternative that is foregone when a decision is made.