Technical Mnemonics Refer To

question 35

Multiple Choice

Technical mnemonics refer to:

• A)ready-made methods for learning information.
• B)the use of digital technology to improve memory.
• C)the mnemonics used by most professional memory performers.
• D)the use of imagery to encode language vocabulary.

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Definitions:

Fixed

Refers to expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Contribution Margin

The difference between a company's sales revenue and variable costs, which contributes to covering its fixed costs and generating profit.

Variable Cost

Expenses that change in proportion to the amount of goods produced or the volume of services provided.

Variable Costing

A costing approach in which only variable manufacturing costs are product costs, and fixed manufacturing costs are period costs (expenses).