Instructions That Tell a Computer How to Carry Out Processing

question 111

Short Answer

Instructions that tell a computer how to carry out processing tasks are referred to as a computer _______.

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Definitions:

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials and labor.

Sales

The total amount of goods or services sold by a company, contributing to its revenue.

Sunk Cost

A cost that has already been incurred and cannot be recovered, which should not affect future business decisions.

Incremental Overhead

The additional overhead costs incurred as a result of a specific business activity or decision.