One of the Best Predictors of Success in a Congressional

question 31

Multiple Choice

One of the best predictors of success in a congressional election is incumbency, or whether the person running for office already holds that office. On average, about __________ percent of the House of Representatives running for re-election win, and about __________ percent of their Senate counterparts do.

• A) 75; 95
• B) 94; 88
• C) 60; 60
• D) 50; 50

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Definitions:

Standard Costs

Predetermined costs to manufacture a single unit or a number of units of a product during a specific period.

Direct Materials Used

Raw materials directly utilized in the production of goods, traceable to the finished product.

Units Completed

The total number of finished goods produced within a specific accounting period.

Standard Overhead Cost

The pre-determined or estimated cost of indirect expenses that a company expects to incur during a specific period.