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Old Computer Code That Is Still in Use Is Known

question 35

Multiple Choice

Old computer code that is still in use is known as ____.


Definitions:

Fixed Costs

Expenses that remain constant for a given period of time regardless of the level of outputs or activity.

Step-Fixed Costs

Costs that remain constant for a certain level of activity but jump to a higher level when activity increases beyond that threshold.

Production Line

A production line is an arrangement of machines and workers in a factory where a succession of operations is performed on a product to complete its manufacture.

Labour Time

The amount of time that workers spend in the production of goods or services.

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