Which of the Following Is a Characteristic of Devolution

question 65

Multiple Choice

Which of the following is a characteristic of devolution?

• A) There are no constituent governments.
• B) Constituent governments exist but only after a referendum.
• C) Constituent governments exist but their powers are delegated by statute.
• D) Constituent governments can vote to dissolve the central government.

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Definitions:

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead costs to products or job orders, calculated before the production period begins.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead costs to products or job orders, calculated by dividing estimated overhead costs by an allocation base, such as direct labor hours.

Denominator Level

A term used in cost accounting to represent the base level or quantity used in calculating rates, such as in the determination of overhead rates or per-unit costs.

Fixed Overhead

Regular, consistent costs incurred by a business that are not affected by the level of goods or services produced, such as rent and salaries.