Comments Should

question 31

Multiple Choice

Comments should

• A) rephrase the code it explains in English
• B) be insightful and explain what the instruction's intention is
• C) only be included in code that is difficult to understand
• D) be used to define variables whose names are not easy to understand
• E) all of the above

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Definitions:

Absorption Costing

An accounting method where all manufacturing costs, both fixed and variable, are attributed to the production of products.

Variable Costing

A costing method in which variable manufacturing costs are included in product costs, while fixed manufacturing costs are treated as period costs.

Absorption Costing

An accounting method that assigns all manufacturing costs, both variable and fixed, to products, thereby impacting the inventory valuation on the balance sheet.

Net Operating Income

The profit a company makes from its operations, calculated as total revenue minus operating expenses, excluding taxes and interest.