What Is a Profound Political Consequence of the IT Revolution

question 18

Multiple Choice

What is a profound political consequence of the IT revolution?

• A) Political realism
• B) Expansion of the status quo
• C) Weakening of governments' hold over citizens
• D) Strengthening of governmental power
• E) Global obesity

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Definitions:

Activity-Based Costing

A costing method that assigns overhead and indirect costs to related products and services by identifying cost drivers.

Direct Labor-Hours

The total hours worked by employees directly involved in the manufacturing process or providing services, used as a basis for allocating labor costs.

Direct Materials Cost

The expenditure on raw materials that are directly incorporated into a manufactured item.

Activity-Based Costing

A pricing technique that allocates overhead and indirect expenses to corresponding goods and services according to their consumption of resources.