IGMP Refers To

question 106

Multiple Choice

IGMP refers to:

• A)Internet Giga Memory Parameters
• B)Interchange Group Management Parameters
• C)Internet Guided Meta Protocol
• D)Internet Group Management Protocol
• E)Interchange Guided Meta Protocol

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Definitions:

Machine-Hours

A measure of production time using machines, typically used as a basis for allocating manufacturing overhead to products.

Denominator Level

In cost accounting, refers to the total quantity or capacity used to allocate fixed costs to different cost objects.

Budget Variance

The difference between what was budgeted for a period and what was actually spent or received.

Volume Variance

The difference between the expected (budgeted) volume of production or sales and the actual volume, impacting costs and revenues.