Examlex

Solved

System Developers Use _____ to Document and Trail Program Defects,code

question 28

Multiple Choice

System developers use _____ to document and trail program defects,code changes,and replacement code.


Definitions:

Unfavorable Cost Variance

A variance that occurs when the actual cost exceeds the standard cost.

Favorable Cost Variance

A variance that occurs when the actual cost is less than standard cost.

Standard Cost

A predetermined cost of manufacturing, storing, and marketing a product, used for budgeting and performance evaluation.

Variances

Differences between planned or expected financial performances to the actual financial performance.

Related Questions