Racism at Work in the Operation of the Economy, Schools

question 7

Multiple Choice

Racism at work in the operation of the economy, schools, hospitals, the military, and the criminal justice system is known as

• A)categorical racism.
• B)segregated racism.
• C)discriminatory racism.
• D)institutional racism.

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Definitions:

Manufacturing Company

An entity engaged in the production of goods by combining raw materials and components in an industrial process.

Work in Process Inventory

Work in process inventory consists of partially finished goods that are still in the production process at a given point in time.

Overapplied Overhead

A situation where the overhead allocated to products or services exceeds the actual overhead costs incurred.

Cost Accounting System

A method of accounting for the collection, recording, classification, analysis, and allocation of direct costs, indirect costs, and overheads to cost units and cost centres for budgeting, controlling, and decision making.