Tier Two Words Are Words

question 3

Multiple Choice

Tier Two words are words:

• A) learned through everyday language.
• B) that typically do not need to be taught.
• C) that are associated with academic language or the content areas.
• D) that frequently appear in print.

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Definitions:

Standard Costs

Predetermined or estimated costs used for planning and control purposes in budgeting and cost management.

Stockholders

The owners of a corporation.

Standard Costs

Predetermined costs for materials, labor, and overhead that are used as benchmarks to evaluate actual production costs.

Technology

The application of scientific knowledge for practical purposes, especially in industry and in our daily lives to solve problems or create useful products.