What Is the Primary Objective of Ensuring Systems and Information

question 94

Multiple Choice

What is the primary objective of ensuring systems and information are available for use whenever needed?

• A)To minimize system downtime.
• B)To minimize system expense.
• C)To maximize system processing speed.
• D)To maximize sales.

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Definitions:

Fixed Overhead Costs

Costs that remain constant regardless of the amount of goods produced or sold, including items like rent, salaries, and insurance.

Flexible Budget

A budget that adjusts or flexes with changes in the volume or activity of a business.

Variable Overhead Costs

Costs that fluctuate with production volume, such as utilities for manufacturing facilities or materials used in production.

Direct Labor Hours

The aggregate number of hours put in by personnel directly participating in the creation of goods or delivery of services.