Order Processing Is Defined as

question 54

Multiple Choice

Order processing is defined as

• A) the receipt and transmission of sales order information.
• B) the second stage in a physical distribution system.
• C) the four main tasks.
• D) the same as order handling.
• E) electronic processing of information.

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Definitions:

Variable Cost

Costs that vary directly with the level of production or sales volume, such as materials and labor.

Fixed Costs

Costs that do not change with the amount of goods or services produced, such as rent, salaries, and insurance.

Break-Even Point

The point at which total costs and total revenue are equal, resulting in no net gain or loss.

Variable Cost

A cost that changes in proportion to the level of output or activity.