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Data Are Processed and Stored in a Computer System Through

question 145

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Data are processed and stored in a computer system through the presence or absence of electronic or magnetic signals to the computer. This is called a _______________ representation of data, because the computer and the media can exhibit only two states or conditions.


Definitions:

Spending Variance

The difference between the actual expenditure and the budgeted amount.

Machine-Hours

A measure used to allocate manufacturing overhead costs to products based on the number of hours machines are used in the production process.

Spending Variance

A measure of the difference between the budgeted amount of expenses and the actual amount spent.

Flexible Budget

A flexible budget tailored to adjust as activity levels or volumes change.

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