Match Each of the Following Terms with Their Correct Description

question 60

Multiple Choice

Match each of the following terms with their correct description from the items listed below.* Each term may be used more than once, and it is possible that one or more of the classifications may not be used at all.
-A percentage applied to the base cost to cover other costs plus profit

• A)Differential cost
• B)Keep-or-drop decision
• C)Constraints
• D)Decision-making model
• E)Split-off point
• F)Joint products
• G)Make-or-buy decision
• H)Target costing
• I)Sunk costs
• J)Markup
• K)Special-order decision
• L)Sell-or-process-further decision
• M)Relevant costs
• N)Opportunity cost
• O)Cost-based pricing

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Definitions:

Phase Voltages

The voltages that exist between each phase and neutral in a polyphase system, such as those found in three-phase electrical systems.

Inductors

Components in an electrical circuit designed to add inductance, typically consisting of a coil of conducting wire.

Capacitors

Electrical components used to store charge and energy in an electric field, crucial in filtering, buffering, and energy storage applications.

Three-Phase Connection

A method of electrical power distribution using three alternating currents of the same frequency and amplitude, which are phase-shifted to ensure continuous power delivery with minimal loss.