Match the Term with the Definition

question 44

Multiple Choice

Match the term with the definition.
-Unemployed men who marched to Washington, D.C., in 1894 to urge Congress to enact a public works program to end unemployment. The movement failed to force federal relief legislation.

• A)Boxer uprising
• B)Coxey's army
• C)Cripple Creek miners' strike of 1894
• D)Farmers' Alliance
• E)Homestead lockout
• F)Monroe Doctrine
• G)National American Woman Suffrage Association (NAWSA)
• H)Open Door policy
• I)People's Party (Populist Party)
• J)Pullman boycott
• K)Spanish-American War
• L)yellow journalism

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Definitions:

Cost-Estimation

The process of forecasting the costs associated with a particular activity, project, or product, using historical data, statistical methods, and expert judgment.

Step-Fixed Costs

Costs that remain constant for a certain level of activity, but can change to a different amount when a certain threshold is exceeded.

Relevant Range

The scope of activity within which the assumptions about fixed and variable cost behavior hold true.

Relevant Range

The scope of activity levels within which assumptions about variable and fixed cost behaviors hold true for management decision-making.