Frequently,code Management Systems Are Used That

question 111

Multiple Choice

Frequently,code management systems are used that:

• A)Require that modules be 'checked-in' and 'checked-out' from a development library
• B)Verify that the code is in System Standard Form (SSF)
• C)Show that physical ERDs have been correctly implemented by the logic
• D)Build the code from CASE specifications
• E)All of the above

---

Definitions:

Machine Hours

A measure of the total time that a machine or set of machines has been operating, often used to allocate factory overhead costs.

Underapplied

In costing, this term refers to a situation where the overhead allocated to products or services is less than the actual overhead incurred.

Overapplied

A situation where the allocated or applied overhead costs exceed the actual overhead expenses incurred.

Gross Profit

The financial gain obtained by subtracting the cost of goods sold from the revenue generated from sales, before deducting any operating expenses.