Jim Wants to Develop an App for a Specific Purpose

question 33

Multiple Choice

Jim wants to develop an app for a specific purpose that would run even when his computer is not connected to the Internet.What type of app should he develop?

• A) Mobile app
• B) Native app
• C) Web-based app
• D) Cloud-based app

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Definitions:

Net Operating Income

The profit generated from normal business operations, excluding extraordinary items and expenses like taxes.

Variable Costing

A pricing approach that incorporates just the variable production expenses—such as direct materials, direct labor, and variable manufacturing overhead—into the unit cost of a product.

Fixed Manufacturing Overhead

These are the manufacturing costs that do not change with the level of production, such as rent, salaries, and insurance.

Inventories

Assets held for sale in the ordinary course of business, in the process of production for such sale, or in the form of materials to be consumed in the production process.