Regarding Overpopulation and the Effects on the Environment, Which of the Following

question 668

Multiple Choice

Regarding overpopulation and the effects on the environment, which of the following statements is FALSE?

• A) Some demographers predict that if population growth is not limited voluntarily before it reaches 10 billion, it will be limited by widespread food shortages, disease, infant mortality, and early death.
• B) The long-range impact of human activities on the environment is already becoming evident through the extinction of plants and animals.
• C) Individuals do more environmental damage than corporations or governments who are required to follow international environmental standards.
• D) Most of the environmental problems we face can be traced back to the human tendency to overuse natural resources.

Understand the practices for maintaining and demonstrating accountability in transactions involving cash and cash equivalents.

Recognize the impact of technology on improving internal control systems and reducing errors.

Interpret the information presented in bank statements and their implication for cash management.

Apply knowledge of internal control principles to identify weaknesses in control systems.

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Definitions:

Materials Quantity Variance

A measure of the difference between the actual quantity of materials used in production and the standard quantity expected to be used, multiplied by the standard cost per unit of materials.

August

The eighth month of the year in the Gregorian calendar.

Labor Efficiency Variance

The difference between the actual hours worked and the standard hours expected, multiplied by the standard hourly wage rate.

Variable Overhead Rate Variance

The difference between the actual variable overhead incurred and the expected (or standard) cost allocated to production, based on the standard variable overhead rate.