Matching Questions Match Each Term with Its Definition

question 22

Multiple Choice

Matching Questions
match each term with its definition:
-grammar

• A)a vocabulary
• B)a symbol used to represent a word
• C)a set of rules used to combine meaningful units
• D)any transmission of a message from a sender to a receiver
• E)an open,arbitrary,discrete system that allows for displacement

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Definitions:

Spending Variance

The difference between the budgeted or planned amount of expense and the actual amount spent.

Cost Formula

An equation used to predict costs, often incorporating fixed and variable components.

Supplies Cost

The total expense incurred for items used in the operation of a business but not directly tied to a specific product or service, such as office supplies or cleaning materials.

Activity Variance

The difference between what was expected to be spent on an activity and what was actually spent, often analyzed in budgeting and cost management.