Which Unit of Data Stores a Single Value That Can

question 29

Multiple Choice

Which unit of data stores a single value that can be a 0 or a 1?

• A) byte
• B) bit
• C) nibble
• D) word
• E) bps

Prepare and interpret a budgeted balance sheet including the estimation of accounts payable for raw materials.

Compute budgeted direct labor costs and its impact on product costs.

Understand the budgeting process for manufacturing overhead costs and its allocation per direct labor-hour.

Apply budgeting principles to assess the financial needs of a company, including borrowing requirements.

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Definitions:

Symbolic Function

A cognitive ability to represent objects, people, and events with symbols or images, characteristic of early childhood development.

Sensorimotor

A stage in Piaget’s theory of cognitive development (from birth to about age 2) where infants learn about the world through their movements and sensory experiences.

Concrete-Operational

A stage in Piaget's theory of cognitive development where children gain the ability to think logically about concrete events and understand concepts of conservation.

Preoperational

A stage in Piaget's theory of cognitive development, during which children aged 2 to 7 years old develop memory and imagination but do not yet think logically.