Which of the Following Is Not a Characteristic of Secondary

question 19

Multiple Choice

Which of the following is not a characteristic of secondary storage?

• A) It is nonvolatile.
• B) It is more cost effective than primary storage.
• C) It is slower than primary storage
• D) It cannot utilize any media except chips
• E) None of the above

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Definitions:

Absorption Costing

A costing method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.

Total Gross Margin

The difference between the sales revenue and the cost of goods sold, indicating the total profitability from goods sold.

Absorption Costing

A pricing approach that encompasses all costs related to production - including direct materials, direct labor, as well as both variable and fixed overhead expenses - within the product’s cost.

Absorption Costing

A method of accounting that includes all manufacturing costs, both variable and fixed, in the valuation of inventory and cost of goods sold.