What Is the Correct Name for the Type of Actions

question 27

Multiple Choice

What is the correct name for the type of actions that are only prohibited under the Competition and Consumer Act 2010 (Cth) Part IV if they have the effect of substantially lessening competition?

• A)Per se offences.
• B)Conditional offences.
• C)Strict offences.
• D)Contingent offences.

---

Definitions:

Raw Materials

Basic materials or substances used in the initial stages of manufacturing or production.

Work in Process

Inventory that includes goods partially completed; not yet ready for sale but are in various stages of the production process.

Predetermined Overhead Rate

The estimated overhead cost per unit of the allocation base, used to allocate overhead costs to products or services.

Direct Labor-Hours

The total hours worked by employees directly involved in the manufacturing process or providing services.