Which of the Following Describes Latitude

question 151

Multiple Choice

Which of the following describes latitude?

• A) Use plastic or conductive polymers instead of silicon-based microchips, allowing them to be washed or exposed to water without damaging the chip.
• B) A device that measures the acceleration (the rate of change of velocity) of an item and is used to track truck speeds or taxi cab speeds.
• C) A satellite-based navigation system providing extremely accurate position, time, and speed information.
• D) A north/south measurement of position.

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Definitions:

Fixed Costs

Expenses that do not change with the level of production or sales over a short period.

Total Fixed Costs

The cumulative amount of all expenses that do not change in total despite changes in the activity level or volume of production over a certain period.

Activity Is Higher

A state indicating increased levels of operations or actions in a given context.

Variable Overhead Efficiency Variance

The difference between the actual level of activity (direct labor-hours, machine-hours, or some other base) and the standard activity allowed, multiplied by the variable part of the predetermined overhead rate.