How Many Elements Can Be Stored in the Following Array

question 28

Multiple Choice

How many elements can be stored in the following array? Dim sngGrades (2, 3) As Single

• A) 6
• B) 5
• C) 12
• D) cannot be determined

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Definitions:

Direct Materials

Raw materials that are directly incorporated into a finished product and can easily be traced to the product.

Quantity Variance

The difference between the expected and actual quantities of inputs used in the production process, affecting the cost of goods sold.

Price Variance

The difference between the actual cost of a good or service and its expected or budgeted cost.

Total Cost Variance

The difference between the actual cost incurred and the standard cost, reflecting how well costs are controlled during a production process.