In UML,use Case Diagrams Model the Flow of Activities Involved

question 115

True/False

In UML,use case diagrams model the flow of activities involved in a single process.

---

Definitions:

Variable Costing

A costing method that includes only variable costs—direct materials, direct labor, and variable manufacturing overhead—in product cost calculation, excluding fixed overhead.

Net Operating Income

Net operating income is the profit generated from a company's normal business operations, excluding expenses and revenues from non-operating activities.

Absorption Costing

A costing method that includes all manufacturing costs, both fixed and variable, in the price of a product.

Absorption Costing

A costing method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overheads - in the cost of a product.