When Jack First Started Drinking, He Would Feel Very Drunk

question 19

Multiple Choice

When Jack first started drinking, he would feel very drunk after just a few drinks. Years later, he needs to drink more in order to feel that same level of intoxication. Which of the following terms describes the change in Jack's experience?

• A) Satiety
• B) Psychological withdrawal
• C) Tolerance
• D) Physical withdrawal

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Definitions:

Direct Labor-Hours

The total hours worked by employees directly involved in the manufacturing process or providing a service, used in calculating labor costs.

Inventory Accounts

Inventory accounts are financial accounts used to track the quantities and costs of products a company holds for sale in the normal course of business.

Standard Cost

Predetermined or estimated costs used for cost control and decision making in manufacturing.

Actual Prices

The real prices at which goods and services are sold, differing from list or nominal prices.