After Working on a New Computer Software System for the Past

question 19

Multiple Choice

After working on a new computer software system for the past two years,Richard was selected to explain to employees how to use the software.Which of the following workplace presentations is Richard giving in the above situation?

• A) status report
• B) training
• C) final report
• D) briefing

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Definitions:

Marginal Cost

The cost of producing one additional unit of a product or service.

Relevant Range

The range of activity or volume in which the assumptions about fixed costs and variable costs are valid.

Variable Cost

Costs that fluctuate with the level of output, such as materials and labor directly involved in production.

Cost Driver

An element that leads to a variation in the expense associated with an action.