YouTube Is

question 26

Multiple Choice

YouTube is

• A)a website where users may create a personal profile, add other users as friends, and exchange comments, photos, videos, and "likes" with them.
• B)a website that enables users to send and receive short messages up to 140 characters long.
• C)a business-oriented website that lets users post their professional profiles to connect to a network of businesspeople.
• D)a video-sharing website in which users can upload, distribute, view, and comment on videos.
• E)a website that enables online customers to use their collective buying power to take advantage of deeply discounted prices for a product or service each day.

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Definitions:

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including both material and labor costs.

Overapplied Manufacturing Overhead

A situation where the estimated manufacturing overhead costs are more than the actual overhead costs incurred.

Underapplied Manufacturing Overhead

The amount by which the actual manufacturing overhead costs exceed the applied manufacturing overhead costs for a period.

Cost of Goods Sold

Direct expenditures involved in producing the merchandise a company sells, covering materials and labor.