________ Are Characteristics of an Entire System That Are Greater

question 41

Multiple Choice

________ are characteristics of an entire system that are greater than the sum of its parts.

• A)Open systems
• B)Closed systems
• C)Disturbances
• D)Emergent properties
• E)Feedback loops

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Definitions:

Markup

The amount added to the cost price of goods to cover overhead and profit; a percentage of the cost.

Machine-Hours

A measure of production volume or activity based on the number of hours machines are operated.

Machine-Hours

A measurement used in cost accounting to allocate expenses to products or job orders, based on the number of hours machines are operated.

Direct Labor-Hours

An indicator of the cumulative hours spent by workers directly engaged in the production process.