Much of the World's Data Is Stored in Files That

question 13

Multiple Choice

Much of the world's data is stored in files that are structured so that they can only be read by the __________ that created them.

• A)operating systems
• B)computers
• C)programs
• D)hardware

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Definitions:

Contribution Format

A type of income statement format that separates fixed and variable costs, emphasizing the contribution margin.

Income Statement

A financial report detailing a company's income, costs, and gains for a given time frame.

Variable Expenses

Costs that vary in direct proportion to changes in a business activity's level, such as sales volume or production quantity.

Break-even Point

The point at which the amount of products sold or produced matches the total costs, leading to neither a profit nor a loss.