Thomas Paine Contended That Government Is Unnecessary "To Supply the Defect

question 44

True/False

Thomas Paine contended that government is unnecessary "to supply the defect of moral virtue."

---

Definitions:

Job-Order Costing

An accounting method used to assign manufacturing costs to individual products or batches.

Manufacturing Overhead

All the indirect costs associated with the production process, excluding direct materials and direct labor.

Cost of Goods Sold

Costs directly tied to the creation of products sold by a business, covering materials, labor, and factory overhead.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing insight into its financial position.