The Law That States That at Any Given Time, the Sum

question 29

Multiple Choice

The law that states that at any given time, the sum of the currents entering a node must equal the sum of the currents leaving the node is know as

• A)Kirchoff's current law
• B)Kirchoff's voltage law
• C)Ohm's law
• D)Coulomb's law

---

Definitions:

Preset Costs

Preset costs are predetermined expenses that a company expects to incur in the carrying out of its operations.

Product

A good or service that is created through a process and is available for sale to consumers.

Service

The act of providing assistance or benefits to customers or clients without the sale of tangible goods.

Price Variances

A measurement of the difference between the actual cost of a good or service and its expected cost.