Which of the Following Best Describes Software

question 22

Multiple Choice

Which of the following best describes software?

• A) Physical pieces of equipment that can be seen and touched
• B) The "core" of the information system
• C) Programmed instructions that tell computer how to operate and manipulate the data
• D) A mechanism for connecting one computer system to another through a telephone line

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Definitions:

Variable Manufacturing Overhead

Costs that vary with the level of production, such as utilities for manufacturing premises and wages for hourly production workers.

Finished Goods Inventory

Finished goods awaiting purchase that have not been sold to consumers yet.

Budgeted Sales

The anticipated revenue from sales of products or services for a specific period, as projected in a company's budget.

Credit Sales

Sales for which payment is not received at the time of sale but is expected to be paid at a future date.