While You Are Working with a Document Using a Program

question 26

Multiple Choice

While you are working with a document using a program such as WordPad, the document is stored in ____.

• A) RAM
• B) RIM
• C) ROM
• D) REM

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Definitions:

Standard Costs

Standard costs are predetermined costs established as targets for the production of goods or rendering of services, used as benchmarks to measure performance.

Actual Costs

The real expenses incurred or paid during a project or operation, as opposed to budgeted or estimated costs.

Differences

Refers to the disparities or variations that exist between two or more items, figures, or entities, often used in financial analysis and auditing.

Preset Costs

Preset costs are predetermined expenses that a company expects to incur in the carrying out of its operations.