A ____ Is a Set of Letters or Numbers That

question 9

Multiple Choice

A ____ is a set of letters or numbers that represents a data item.

• A)syntax
• B)data dictionary
• C)mnemonic
• D)code

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Definitions:

Actual Results

The real outcomes or final figures that have been achieved by a business after a specific period, which can be compared against forecasts or budgets.

Materials Quantity Variance

An analysis used to assess the discrepancy between the expected amount of materials and the actual amount used, based on standard costs, providing insight into manufacturing efficiency.

Quantity Standard

The expected or established amount of materials, labor, or overhead that should be used for a unit of production or a specific task.

Price Standard

A predetermined cost that should ideally apply to a product or service based on expected efficiency and expense.