Match the Term on the Left to Its Corresponding Definition

question 21

Multiple Choice

Match the term on the left to its corresponding definition on the right.
-Facebook,Twitter,Wikipedia,YouTube are examples of

• A)program to surf the Web
• B)global connection of networks
• C)link computers together
• D)the graphical portion of the Internet
• E)Web 2.0
• F)transfer files and exchange messages
• G)the way that millions of Web pages are tied together
• H)modern video game console

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Definitions:

Overapplied Overhead

Occurs when the allocated overhead cost is more than the actual overhead cost incurred.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including the cost of materials and labor.

T-Account

A visual representation of a ledger account that helps in understanding the effects of transactions on each account.

Raw Materials

The basic, unprocessed materials required in the manufacture of goods, often transformed through the production process.