The Early-Twentieth-Century System of Alliances Pitted the British, French, and Russians

question 67

Multiple Choice

The early-twentieth-century system of alliances pitted the British, French, and Russians against the Triple Alliance of

• A)the Japanese, Italians, and Germans.
• B)the Ottomans, Italians, and Chinese.
• C)Austria-Hungary, Japan, and Poland.
• D)Germany, Italy, and Austria-Hungary.
• E)Syria, Egypt, and Germany.

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Definitions:

Prime Costs

The combination of direct material and direct labor expenses incurred in producing a product.

Direct Materials

Raw materials that can be directly traced to the production of finished goods, considered a variable cost and included in the calculation of the cost of goods sold.

Direct Labor

The wages and other compensation paid to employees who are directly involved in the production of goods or services.

Direct Material

Direct material refers to the raw materials that can be directly attributed to the production of goods, essentially part of the finished product.