Which of the Following Statements About Sustainability Initiatives in the U.S

question 57

Multiple Choice

Which of the following statements about sustainability initiatives in the U.S. is true?

• A) The Rockefeller Brothers Fund, which was created with oil money, now encourages divesting of oil company assets.
• B) Major brokerage houses consider social performance but not environmental performance specifically.
• C) Wall Street brokerages are rated by 350.org on the sustainability of their portfolios.
• D) Barron's rating of top sustainable mutual funds shows low return on investment.

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Definitions:

Direct Labor-Hours

The total hours of labor directly involved in manufacturing a product, used in job costing and determining labor costs.

Fixed Manufacturing Overhead

The portion of manufacturing overhead costs that remains constant regardless of the level of production or sales volume.

Manufacturing Overhead Budget

An estimation of all manufacturing costs, excluding direct materials and direct labor, planned for a specific period.

Direct Labor-Hours

The cumulative hours that employees engaged in the manufacturing process have completed.