A Spreadsheet Program Is an Example of A(n)________

question 20

Multiple Choice

A spreadsheet program is an example of a(n) ________.

• A)vertical-market application software
• B)operating system
• C)firmware
• D)horizontal-market application software

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Definitions:

Activity Level

Refers to the volume of production or services performed in a business, which can significantly influence costs and profitability.

Relevant Range

The range of activity over which changes in cost are of interest to management.

Cost Behavior

Cost behavior refers to how a company's costs change in response to variations in its level of activity or production volume, categorized into fixed, variable, and mixed costs.

Management Decision-Making

The process by which upper-level management makes strategic choices to steer the direction of a company's operations or policies.