COGNITIVE ASSESSMENT Which of the Following Is NOT True About

question 171

Multiple Choice

COGNITIVE ASSESSMENT Which of the following is NOT true about macros?

• A) A macro is a series of statements that instructs a program or app how to complete a task.
• B) Because they are used with application software, macros pose no risk to security.
• C) Macros can be used to automate routine tasks in a word processing program, for example.
• D) A macro recorder captures a set of steps as you perform them and saves it so you can perform them again.

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Definitions:

Market Price

The current price at which an asset or service can be bought or sold.

Variable Cost Concept

The principle stating that costs change in proportion to changes in volume of activity or production.

Cost-Plus Approach

A pricing strategy where the selling price is determined by adding a specific markup to a product's cost price to cover overheads and profit.

Markup

The amount added to the cost of a product or service to arrive at a selling price.