Critical Thinking Questions Case 1-2

question 4

Essay

Critical Thinking Questions
Case 1-2
John's new computer has started to perform oddly and he is concerned that it may have become infected with malware. He knows that you work for a company that produces antivirus software so he gives you a call to ask for advice.
-What do you tell him is the difference between a worm and a Trojan horse?

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Definitions:

Standard Cost

A pre-determined estimate of the cost to produce or acquire a single unit of product or service, used for budgeting and measuring performance.

Direct Materials Quantity Variance

The difference between the actual quantity of materials used in production and the standard quantity expected, multiplied by the standard cost per unit.

Standard Quantity

The predetermined amount of materials or inputs planned to be used in a manufacturing process or task.

Standard Price

A predetermined cost that companies assign to goods and services, used as a benchmark to measure the actual cost performance.