A Communications Tool That Is Used to Send and Receive

question 83

Multiple Choice

A communications tool that is used to send and receive messages and computer-generated documents is called:

• A)a cellular phone
• B)voice mail
• C)a pager
• D)electronic mail

---

Definitions:

Variable Costing

A technique in managerial accounting where only variable production costs are charged to product units, differentiating it from absorption costing by not including fixed overhead.

Absorption Costing

A cost accounting method that includes all manufacturing costs, including both fixed and variable, in the cost of a product.

Contribution Format

A type of income statement layout that separates variable costs from fixed costs, highlighting the contribution margin.

Absorption Costing

A technique in cost accounting that incorporates all costs of production, including fixed and variable, into the valuation of inventory and cost of goods sold.