A ____ Is Used to Separate Cell References That Are

question 1

Multiple Choice

A ____ is used to separate cell references that are not adjacent.

• A) colon
• B) comma
• C) period
• D) asterisk

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Definitions:

Quantity Standard

A predetermined measure of the quantity of inputs expected to be used in the production of goods or services, used for budgeting and performance evaluation.

Standard Cost System

An accounting system that uses predetermined costs for products and services to help managers control costs by comparing them with actual costs.

Raw Materials

The basic materials and components required to start the production process.

Standard Cost Card

A detailed listing of the standard amounts of inputs and their costs that are required to produce a unit of a specific product.