The Client/server Model Is a Form of Network Topology in Which

question 37

True/False

The client/server model is a form of network topology in which user computers,called clients,access ERP programs and data via a host computer called a server.

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Definitions:

Variable Overhead

Expenses that vary with production volume, such as utility costs in a factory.

Standard Costs

Predetermined or estimated costs for a product or service, used for budgeting purposes and as a benchmark for measuring performance.

Materials Price Variance

A measure of the difference between the actual cost of materials and the expected cost, based on the standard price.

Direct Labor-hours

The total hours worked by employees directly involved in the manufacturing process, often used as a basis for allocating overhead costs in traditional costing systems.