Matching ​Identify the Letter of the Choice That Best Matches the the Phrase

question 48

Multiple Choice

Matching
​Identify the letter of the choice that best matches the phrase or definition.
-When you reduce this, you avoid unnecessary labor costs, get data into the system more quickly, and decrease the number of errors.

• A)Report header
• B)​​Input volume
• C)Modular design
• D)Prototype
• E)​Report footer
• F)​Source document
• G)Dialog box
• H)​Switchboard
• I)Exception
• J)​Existence

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Definitions:

Advertising

The action of calling public attention to products, services, needs, etc., especially by paid announcements in newspapers and magazines, over the radio or television, on billboards, etc.

Long-run Equilibrium

The state in which all inputs are variable, allowing firms to make adjustments and the market to clear.

Efficient Scale

The level of production at which average total costs are minimized.

Elasticity Of Demand

Elasticity of demand measures how the quantity demanded of a good changes in response to changes in its price.