MATCHING Identify the Letter of the Choice That Best Matches the the Phrase

question 48

Multiple Choice

MATCHING
Identify the letter of the choice that best matches the phrase or definition.
-Type of field that does not require disk storage space

• A)field
• B)record
• C)database audit
• D)data view
• E)data type
• F)computed
• G)validation
• H)normalization
• I)ERD
• J)integer
• K)variable-length field
• L)flat file

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Definitions:

Opportunity Cost

The cost of foregone alternatives, representing the potential benefits an individual, investor, or business misses out on when choosing one alternative over another.

Conversion Costs

Expenses incurred in the process of converting raw materials into finished goods, including labor and manufacturing overhead.

Direct Materials

Materials that become an integral part of a finished product and whose costs can be conveniently traced to it.

Direct Labour

The labor costs directly attributable to the production of goods or services, typically including wages of workers who are physically involved in creation of the product.