Match Each Item with a Statement Below

question 13

Multiple Choice

Match each item with a statement below.
-Associates the protocol (Internet) ,the IP address (ANY) and the specific port number (7500) with a socket

• A)Connectionless communication
• B)Socket binding
• C)Socket
• D)Connection-oriented communication
• E)Administrator privileges

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Definitions:

Materials Quantity Variance

Represents the difference between the actual quantity of materials used in production and the standard quantity expected to be used, multiplied by the standard cost per unit.

Raw Materials

Unprocessed or primary substances used in manufacturing to create finished goods.

Retained Earnings

Retained earnings represent the accumulated net income of a company that has not been distributed to shareholders as dividends but is reinvested in the business.

FOH Volume Variance

A measurement in managerial accounting that compares the budgeted factory overhead for actual production volumes against the applied factory overhead based on standard costing.