Societies Made Up of Large Numbers of Social,ethnic,religious,and Economic Groups

question 49

Multiple Choice

Societies made up of large numbers of social,ethnic,religious,and economic groups that put pressure on government to make policies that favor their interests illustrate

• A)corporatism.
• B)group theory.
• C)elite theory.
• D)subgovernments.
• E)iron triangles.

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Definitions:

Manufacturing Overhead

The sum of all costs involved in the production process other than direct materials and labor, such as utilities and rent for the manufacturing facilities.

Fixed Overhead Volume Variance

The difference between the budgeted and actual volume of units produced, multiplied by the standard fixed overhead rate.

Labour Efficiency Variance

The difference between the actual labor hours taken to produce a good and the standard hours expected, multiplied by the standard labor rate.