What Is the Definition of Software

question 30

Multiple Choice

What is the definition of software?

• A)a collection of unprocessed text, numbers, images, audio, and video
• B)a series of related instructions that tells a computer or mobile device the tasks to perform and how to perform them
• C)an instruction issued by replying to a question that is displayed
• D)an instruction that causes a single specific action to be performed

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Definitions:

Cost Allocation

The process of identifying, aggregating, and assigning costs to cost objects, such as departments, products, or services.

Service Department

A department that does not directly engage in operating activities; rather, it provides services or assistance to the operating departments.

Equivalent Unit

A measure used in cost accounting to express the amount of work done by an incomplete process on units of production in terms of fully completed units.

Process Costing

A costing methodology used in industries where production is continuous and costs are assigned to units of output through the manufacturing process.