One of the Most Important Components of Personal Computer Hardware

question 62

Multiple Choice

One of the most important components of personal computer hardware is ____, which stores instructions and data.

• A) the processor
• B) optical storage
• C) the cloud
• D) memory

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Definitions:

Cost Accounting Systems

Systems used by businesses to record, measure, and report on costs associated with their operations, to aid in budgeting and performance evaluation.

Production Costs

The cumulative costs involved in creating a product, including labor, materials, and overhead expenses.

Period Costs

Expenses that are not directly tied to the production process and are charged to expense in the period they are incurred, such as selling and administrative expenses.

Overapplied Overhead

A situation where the actual manufacturing overhead costs are less than the overhead allocated to products during a specific period.