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

question 13

Multiple Choice

MATCHING
Identify the letter of the choice that best matches the phrase or definition.
-Can be accessed only by the routine in which it is defined

• A)known information
• B)walkthrough
• C)procedure
• D)private attribute
• E)IDE
• F)buffer overflow
• G)UML
• H)API
• I)object
• J)sequential
• K)event
• L)signed code

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Definitions:

Fixed Overhead Rate

A consistent charge that does not fluctuate with the level of output or activity in a given period, used to allocate fixed costs to units of output.

Absorption Costing

An accounting method that includes all manufacturing costs (direct materials, direct labor, and overhead) in the cost of a product.

Variable Costing

An accounting method that only includes variable production costs—direct materials, direct labor, and variable manufacturing overhead—in product costs, with fixed overhead expenses recorded as period costs.

Inventory

The complete list of items such as property, goods in stock, or the contents of a building.