What Is Source Code

question 136

Multiple Choice

What is source code?

• A) Any proprietary software licensed under exclusive legal right of the copyright holder.
• B) Any software whose source code is made available free for any third party to review and modify.
• C) Contains instructions written by a programmer specifying the actions to be performed by computer software.
• D) Nonproprietary hardware and software based on publicly known standards that allow third parties to create add-on products to plug into or interoperate.

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Definitions:

Unfavorable Labor Efficiency Variance

A financial term indicating that the actual labor time to produce goods or services was higher than the budgeted or standard labor time, resulting in increased costs.

Variance Report

A document that compares planned financial outcomes to actual financial outcomes, highlighting differences (variances) for analysis.

Materials Costs

These are the costs associated with the raw materials used in the manufacture of products or the provision of services.

Overtime

Additional hours worked beyond the standard working hours, often compensated at a higher pay rate than regular hours.