Performance Assessments Include

question 84

Multiple Choice

Performance assessments include

• A) fill-in-the-blank.
• B) lab demonstrations.
• C) multiple choice.
• D) true/false.

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Definitions:

Discontinue

The process of ending the production and sale of a product or service, often due to strategic reevaluation or lack of success.

Purchasing Per Unit

The cost associated with buying an individual unit of product or material.

Relevant Costs

Costs that should be considered when making business decisions because they are future costs that differ between alternatives.

Fixed Overhead

Costs that do not change with the level of production or sales, such as rent, salaries, and insurance.