Which of the Following Is Not a Component of Hardware

question 37

Multiple Choice

Which of the following is not a component of hardware?

• A) Primary and secondary storage
• B) The operating system
• C) Input and output technologies
• D) The central processing unit
• E) Communication technologies

Understand the concept and application of standard costs and budgets in managerial accounting.

Identify and explain the variances in overhead, labor, and materials costs.

Recognize the role and responsibility of different departments in variance analysis and standard cost setting.

Differentiate between various types of standards such as ideal, normal, and tight standards.

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Definitions:

Buyer In Ordinary Course Of Business

Describes a purchaser who buys goods in good faith and without knowledge that the sale violates another party's ownership rights or interests.

Instrument

Any writing that serves as evidence of the right to payment of money.

Writing

The representation of language in a textual medium through the use of a set of signs or symbols.

After-Acquired Property

Property not owned by a debtor at the time of a security agreement but acquired later and subsequently becomes subject to the security interest.