The Acronym OOP Stands for _________

question 22

Multiple Choice

The acronym OOP stands for _________.

• A) Object-oriented procedures
• B) Object-oriented programming
• C) Opposing object processes
• D) Object-oriented potential

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Definitions:

Fiscal Year

The annual accounting period adopted by a business.

Standard Costs

Estimated or predetermined costs of manufacturing a product or providing a service, used as benchmarks to measure actual performance.

Cost Of Goods Sold

The cost of goods sold (COGS) is the direct cost attributable to the production of the goods sold by a company, including materials and labor costs.

Factory Overhead

The total of all indirect costs incurred in the manufacturing process, excluding direct materials and direct labor.