The Constraint That Is Specifies the Degree of Minimum Participation

question 78

Multiple Choice

The constraint that is specifies the degree of minimum participation of one entity in the relationship with the other entity is called:

• A) cardinality constraint
• B) participation constraint
• C) economic constraint
• D) logical constraint

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Definitions:

Cost Formula

An equation used to predict the total cost of production, combining both fixed and variable costs, based on the level of activity or volume.

Indirect Materials

Small items of material such as glue and nails that may be an integral part of a finished product, but whose costs cannot be easily or conveniently traced to it.

Variable Cost

is a cost that varies with the level of output or activity, such as raw materials or piece-rate labor.

Spending Variance

The difference between the budgeted amount of expense or revenue and the actual amount spent or received.