Saving a Word Document as an

question 4

True/False

Saving a Word document as an .html file compresses it and allows you to easily send all Web sites that are part of that file to someone.

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Definitions:

Operating Income

Earnings generated from a company's standard business operations, excluding income from investments and other non-operational sources.

Absorption Costing

A bookkeeping approach that encompasses all production expenses, including direct materials, direct labor, and all overhead costs, both variable and fixed, in the price of a product.

Operating Income

The profit realized from a business's operations after subtracting operating expenses like wages, depreciation, and cost of goods sold.

Variable Costing

A costing method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in the cost of goods sold and treats fixed overhead as a period expense.