TPS Stands for ________

question 33

Multiple Choice

TPS stands for ________.

• A)triple port synchronization
• B)Trojan prevention system
• C)two-way processor synchronization
• D)transaction processing system

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Definitions:

Absorption Costing

A costing method where all manufacturing costs including both direct costs like labor and materials and indirect costs like overhead are allocated to the product.

Variable Costing

An accounting method that only considers variable costs in the calculation of product or service costs, excluding fixed costs.

Net Operating Income

The profit a company makes from its regular business operations, excluding non-operating income and expenses.

Units

A standard quantity of a product, used in various contexts such as measurement, accounting, or inventory control.