Question: What is a budget?

Answer: A budget is a financial plan that estimates income and expenditures over a specific
period, guiding how resources are allocated.

Question: What is an Income Statement?

Answer: An Income Statement is a financial statement that shows a company's revenues

and expenses over a specific period, resulting in net profit or loss.

Question: What is the periodic table?

Answer: The periodic table is a tabular arrangement of chemical elements, ordered by their
atomic number, electron configurations, and recurring chemical properties.

Question: What is the difference between fixed and variable costs?

Answer: Fixed costs remain constant regardless of production levels, while variable costs
change in proportion to the level of production.

Question: What language is supported by Android for application development?

Answer: The main language supported is Java programming language. Java is the most
popular language for app development, which makes it ideal even for new Android
developers to quickly learn to create and deploy applications in the Android environment.

Question: What are indirect costs?

Answer: Indirect costs are expenses that are not directly traceable to a specific product or
service but are necessary for the general operation of the business, such as utilities and
rent.
Question: What is competitive advantage?

Answer: Competitive advantage is a condition that allows a company to produce goods or

services better or more cheaply than its rivals, leading to greater profit margins.

Question: What is DNA?

Answer: DNA (deoxyribonucleic acid) is the molecule that carries the genetic instructions
for life, responsible for inheritance and coding for proteins.