Laws Are Based on __________

question 46

Multiple Choice

Laws are based on __________.

• A) customs
• B) traditions
• C) mores
• D) current need
• E) all of the other choices

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Definitions:

Service Department Costs

Expenses related to departments that support the production process but do not directly engage in manufacturing.

Operating Departments

Divisions or sections within a company that are directly involved in its core business operations, contributing to the production of goods or services.

Personnel Costs

Expenses related to employees, including wages, salaries, benefits, payroll taxes, and training costs, which are a major part of operating expenses for many businesses.

Information Technology

The study and use of systems for storing, retrieving, and sending information, often involving computers and telecommunications.