Which of the Following Would Constitute an Example of Big

question 12

Multiple Choice

Which of the following would constitute an example of Big Data?

• A) purchases from online retailers.
• B) posts on social media sites.
• C) email messages sent or received.
• D) searches in major search engines.
• E) all of these choices are correct.

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Definitions:

Quantity Variance

The difference between actual quantity of material or labor used in production and the expected quantity, often leading to cost variations.

Direct Labor-Hours

The total hours worked by employees directly involved in the manufacturing process, often used as a basis for allocating labor and overhead costs.

Variable Overhead

Costs that change with the level of production or business activity, including materials and labor that fluctuate with output.

Efficiency Variance

A measure in cost accounting used to assess the efficiency with which inputs are converted into outputs, often looking at differences in labor or material usage.