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Cost/Managerial Accounting Chapter 5 key terms

Stephanie Poole

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Chapter 5 Key Terms

Description

Key terms for Chapter 5: Solving for the Unknown: A How-to Approach for Solving Equations

Flashcards by BRANDI MCCAMMON, updated 9 months ago

	Created by BRANDI MCCAMMON 9 months ago

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Resource summary

Question	Answer
Constants	Numbers that have a fixed value such as 3 or -7. placed on right side of equation; also called knowns
Equation	Math statement that shows equality for expressions or numbers or both.
Expression	A meaningful combination of numbers and letters called terms
Formula	Equation that expresses in symbols a general fact, rule, or principle
Knowns	A number or fact that is specified
Unknown	The variable we are solving for
Variables	Letters or symbols that represent unknowns

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