Capacity Can Be Defined as the

question 3

Multiple Choice

Capacity can be defined as the

• A)ability of the state to wield power in order to carry out the basic tasks of providing security and reconciling freedom and equality.
• B)ability of the state to use its legitimacy to raise revenue and encourage adherence to rules and regulations.
• C)state's ability to influence international actors either through military force or diplomatic means.
• D)level of economic modernization of a country.

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Definitions:

Activity-Based Costing

A costing method that assigns overhead and indirect costs to related products and services based on the activities that generate the costs.

Direct Labor-Hours

It measures the total hours worked by employees directly involved in manufacturing a product.

Activity-Based Costing

A method of costing that identifies activities in an organization and assigns the cost of each activity to all products and services according to the actual consumption.

Activity Rates

Predetermined rates used in activity-based costing to allocate costs to products or services based on specific activities undertaken.