Which of the Following Is True About the Concept of Scientific

question 130

Multiple Choice

Which of the following is true about the concept of scientific literacy?

• A) Only trained scientists are considered scientifically literate.
• B) Scientific literacy is the ability to answer basic science questions without looking it up.
• C) A person who can understand, analyze, and apply scientific information is demonstrating scientific literacy.
• D) Knowledge of scientific terminology is the most important part of scientific literacy.

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Definitions:

Cost Drivers

Factors that cause changes in the cost of an activity or operation, influencing the total expenses.

Manufacturing Overheads

Expenses related to the manufacturing process that are not directly tied to the production of individual units, such as factory rent and machinery maintenance.

Activity-based System

An accounting method that assigns costs to products or services based on the activities that go into producing them, aiming for more accurate costing by tracing resources consumed by activities.

Activity Based Costing

An accounting method that allocates costs to products or services based on the activities that go into producing them, aiming to provide more accurate product cost information.