A Group of Two or More Computer Systems Linked Together

question 122

Multiple Choice

A group of two or more computer systems linked together by communications channels to share data and information is called a computer:

• A)database
• B)network
• C)mainframe
• D)combination
• E)conglomerate

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Definitions:

Standard Direct Materials

The predetermined cost and quantity of raw materials expected to be used in manufacturing a product.

Standard Costs

Predetermined or budgeted costs serving as a benchmark for evaluating actual performance and cost control.

Cost Control

The practice of identifying and reducing business expenses to increase profits, involving the analysis and management of cost elements.

Standard Costs

The planned cost of manufacturing a product, which includes material, labor, and overhead costs, used for budgeting and performance evaluation.