Which of the Following Is an Achieved Status

question 27

Multiple Choice

Which of the following is an achieved status?

• A) Grandson
• B) Latino
• C) Woman
• D) Parent

---

Definitions:

Depreciation

The allocation of the cost of a tangible asset over its useful life, recognizing the asset's wear and tear over time.

Prime Cost

The sum of direct materials cost and direct labor cost, representing the direct production costs.

Cost Structure

The composition of different types of costs within a company or specific project, often categorized into fixed and variable costs.

Contribution Margin

The amount of revenue remaining after deducting variable costs, which can then be used to cover fixed costs and contribute to profit.