Match Each Term with a Statement Below

question 21

Multiple Choice

Match each term with a statement below.

-A message that is displayed on a monitor to ask the user for a response and perhaps explain how that response should be formatted

• A)Reliability
• B)Declaration
• C)Echoing input
• D)String variable
• E)Identifier
• F)Prompt
• G)Variables
• H)Data dictionary
• I)Numeric variable
• J)Type-safety

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Definitions:

Over-Applied Overhead

A situation in cost accounting where the allocated overhead for a period exceeds the actual overhead costs incurred.

External Financial Reporting

The process of providing financial information to outside parties, such as investors and creditors, through statements and reports.

Over/Underabsorbed Overhead

The difference between the overhead costs applied to products and the actual overhead costs incurred.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, ending with net income or loss.