Thanks to _____,Voice and Data Traveling Together Through Our Telecommunications

question 7

Multiple Choice

Thanks to _____,voice and data traveling together through our telecommunications lines will be seamless.

• A) VIP
• B) ViIP
• C) VoIP
• D) ASCII

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Definitions:

Budget Variance

The difference between budgeted figures for revenue or expenses and actual figures.

Fixed Overhead Budget

The fixed overhead budget is a financial plan that estimates the fixed costs associated with production, which do not vary with the level of output.

Volume Variance

A measure of the difference between the expected (budgeted) volume of sales or production and the actual volume, used in cost accounting and financial analysis.

Budget Variance

The difference between the budgeted or planned financial activity and the actual financial performance.