Studies Have Shown That Many Foraging and Small-Scale Horticultural Societies

question 13

Multiple Choice

Studies have shown that many foraging and small-scale horticultural societies work just a few hours a day on subsistence and have much more leisure time than workers in complex societies. Which of the following statements explains this model?

• A) Any surplus food these societies collect or produce cannot be stored for long and will rot.
• B) These societies value leisure activities as more appropriate pursuits than labor.
• C) Members of these societies are lazy and have no interest in work.
• D) These groups have political authorities that would collect surpluses for their own use.

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Definitions:

Process Costing

A costing methodology used in industries where production is continuous and costs are assigned to units of output through the manufacturing process.

First-In, First-Out

An inventory accounting method where the oldest items (first-in) are sold or used first (first-out), affecting the cost of goods sold and ending inventory valuation.

Cost Reconciliation Report

A financial report that reconciles the beginning and ending costs for a period, often used in manufacturing to track material, labor, and overhead.

Beginning Work

The initial stage or tasks that start a process, often referring to the beginning inventory or work-in-process in manufacturing.