Sonia Works from Home and Uses the Internet Often Throughout

question 19

Multiple Choice

Sonia works from home and uses the Internet often throughout the day.When they're home, Sonia's husband and children also use her network for gaming, social media, and streaming videos or music.Which of the following best describes Sonia's network?

• A) ISP network
• B) Business network
• C) Internet
• D) Home network

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Definitions:

Variable Costing

An accounting method that only includes variable production costs in product costs, excluding fixed overhead.

Sales Price Variance

The difference between the actual selling price of a product and its budgeted or planned selling price, multiplied by the actual quantity sold.

Opening Stock

The value of goods available for sale at the beginning of an accounting period.

Flexible Budget

A budget that adjusts or flexes with changes in the volume or activity level, allowing for more accurate forecasting and planning.