What Is a Virtual Workplace

question 303

Multiple Choice

What is a virtual workplace?

• A)The viewing of the physical world with computer-generated layers of information added to it.
• B)A wearable computer with an optical head-mounted display (OHMD).
• C)Uses technology allowing humans to interact with a computer through bodily sensations and movements.
• D)A work environment that is not located in any one physical space.

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Definitions:

Activity Variance

The variance between the projected budget for a task and the actual expenses incurred.

Budgeting

The process of creating a plan to spend your money by estimating the revenue and expenses for a future period, used as a financial guide.

Actual Results

The real, measured outcomes of financial or operational activities, used to compare against budgeted or forecasted figures for analysis.

Administrative Expenses

Costs associated with the general administration of a business, such as salaries of executive officers, legal and secretarial expenses.