Storing the Same Data in More Than One Place Is

question 45

Multiple Choice

Storing the same data in more than one place is called ____.

• A)data independence
• B)data integrity
• C)redundancy
• D)security

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Definitions:

Contribution Margin

The difference between the sales revenue of a product and the variable costs associated with producing it, used to cover fixed costs and contribute to profit.

Variable Costing

An accounting method that only includes variable production costs—costs that change with production volume—in the cost of goods sold.

Fixed Costs

Expenses that do not change with the level of goods or services produced by a business within a certain range of activity.

Cost of Goods Manufactured

The total production cost of goods completed during a specific period, including materials, labor, and overhead.