It Would Be MOST Appropriate to Use Microsoft Excel to Take

question 16

Multiple Choice

It would be MOST appropriate to use Microsoft Excel to take notes for which class?

• A) Accounting
• B) Art History
• C) American Literature
• D) Anthropology

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Definitions:

Utilization

The extent to which a resource, such as equipment, space, or labor, is being used effectively and efficiently.

Excess Capacity

The situation in which a company can produce more products or services than currently demanded by the market.

High Fixed Costs

A financial condition where a business or operation has a high proportion of expenses that do not vary with the volume of production or sales.

Low Variable Costs

Operating conditions where costs that vary with production levels, like materials and labor, are minimal.