What Occurred in 1961 That Heightened Fears and Provided a Rationalization

question 37

Multiple Choice

What occurred in 1961 that heightened fears and provided a rationalization for President John F.Kennedy's military buildup?

• A) The People's Republic of China invaded the small country of Vietnam.
• B) Nikita Khrushchev publicly encouraged wars of national liberation in the third world.
• C) The Soviet Union's military and nuclear capacities surpassed those of the United States.
• D) The People's Republic of China obtained nuclear weapons from the Soviet Union and began installing them in Southeast Asia.

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Definitions:

Materials Price Variance

The difference between the actual cost of materials purchased and the expected (or standard) cost, used to assess cost management performance in procurement.

Milk Chocolate

A type of chocolate that includes milk powder or condensed milk as a main ingredient, giving it a smooth, rich flavor and creamy texture.

Labor Rate Variance

The difference between the actual cost of labor and the expected (or standard) cost, used to assess efficiency and control payroll costs.

Labor Efficiency Variance

The difference between the actual labor hours used and the expected (standard) labor hours for the level of production, multiplied by the standard labor rate.