A Marker Made of Stiff Material and Used as a Placeholder

question 48

Multiple Choice

A marker made of stiff material and used as a placeholder when someone takes a file out of the filing system is called a(n) ____.

• A) out guide
• B) file label
• C) file guide
• D) file sorters.
• E) tab

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Definitions:

Absorption Costing

An accounting method that includes all manufacturing costs in the cost of a product, including fixed and variable costs.

Variable Costing

A costing method that includes only variable production costs (materials, labor, and overhead) in product costs.

Net Operating Income

This represents the total profit of a company after subtracting operating expenses, excluding taxes and interest.

Variable Costing

An accounting method that considers only variable costs as product costs, with fixed costs treated as period costs.