The Following Data Pertains to Activity and Utility Costs for Two

question 112

Multiple Choice

The following data pertains to activity and utility costs for two recent years: Using the high-low method,the cost formula for utilities is?

• A) $1.20 per unit.
• B) $1.50 per unit.
• C) $3,000 plus $3.00 per unit.
• D) $4,500 plus $0.75 per unit.

Understand the basics of computer memory and processing.

Recognize the capabilities and uses of different computing devices.

Distinguish between the concepts of data and information.

Know the basic operations and components involved in computer processing.

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Definitions:

Offset Conditions

Conditions that allow entities to negate or counterbalance one position with another, commonly used in accounting and finance to manage risk or net-off liabilities against assets.

Different Financial Instruments

Various types of investment assets, including stocks, bonds, derivatives, and mutual funds, that provide a way for individuals and businesses to invest, finance operations, or manage risk.

Financial Instrument

A contract that leads to the creation of a financial asset for one party and results in a financial liability or equity instrument for another party.

Market Risk

The risk that the value of a financial instrument will fluctuate because of changes in foreign exchange rates, market interest rates or some other market prices.