The Sequence of Actions Performed Using Various GIS Layers and Tools

question 14

Multiple Choice

The sequence of actions performed using various GIS layers and tools is referred to as:

• A) Workflow
• B) Model Overlay
• C) Suitability Analysis
• D) Raster Overlay

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Definitions:

Variable Costing

An economic recording tactic that involves only variable manufacturing costs (direct materials, direct labor, and variable manufacturing overhead) in determining product costs.

Income Statement

A financial statement that shows a company's revenues, expenses, and profits over a particular period, providing insights into its financial performance.

Absorption Costing

A product costing method in accounting that adds up all manufacturing expenses, including direct materials, direct labor, and both kinds of overheads (variable and fixed), to derive a product’s cost.

Variable Costing

An accounting method that only includes variable production costs (materials, labor, and overhead) in product costs, excluding fixed overhead.