Classify the System as Consistent or Inconsistent, and Dependent or Independent

question 19

Multiple Choice

Classify the system as consistent or inconsistent, and dependent or independent.
-x + y = -7 x - y = 5

• A)Consistent and dependent
• B)Inconsistent and independent
• C)Consistent and independent
• D)Inconsistent and dependent

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Definitions:

Variable Costing

An accounting method that includes only variable production costs in the cost of goods sold, excluding fixed costs.

Net Operating Income

The earnings generated from a company's regular business operations, indicating the efficiency of management.

Operations

The day-to-day activities involved in running a business that lead to the production of goods and services.

Variable Costing

An accounting method that only considers variable costs (costs that change with production levels) in product pricing and decision making, excluding fixed costs.