The Most Recent Edition of the APA Ethics Code Was

question 13

Multiple Choice

The most recent edition of the APA ethics code was published in ______.

• A) 1962
• B) 1976
• C) 1990
• D) 2002

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Definitions:

Direct Labor Time

The amount of time spent by employees directly working on producing a product or service.

Overhead Cost

General, administrative, and selling expenses that are not directly tied to any specific product or service but are necessary for running the business.

Allocation Base

A measure or statistic that is used to distribute costs among different departments, projects, or products.

Overhead

Refers to the ongoing business expenses not directly tied to creating a product or service, including rent, utilities, and administrative costs.