International Data on Poverty and Hunger Indicates That

question 70

Multiple Choice

International data on poverty and hunger indicates that

• A) for many it is possible to live a somewhat healthy life, even on just $1 a day.
• B) there is not enough food in the world to feed the hungry.
• C) surplus food does not get to the truly needy.
• D) rapid population growth is the biggest cause of poverty.

---

Definitions:

Net Operating Income

represents the profit a company makes from its normal business operations, excluding non-operating income and expenses.

Manufacturing Overhead

Indirect factory-related costs that are incurred when a product is manufactured, including costs such as maintenance, supplies, and utilities.

Direct Materials

Raw materials that are directly used in the production of a product and can be directly associated with the finished product.

Administrative Expense

Costs related to the general operation of a business that are not directly tied to production, including salaries of non-production staff, office supplies, and utilities.