The Absolute Monarchical Powers of Augustus as Princeps Led to

question 26

Multiple Choice

The absolute monarchical powers of Augustus as princeps led to

• A)the usual victory of his candidates in official elections.
• B)the decline of popular participation in elections.
• C)his great popularity, as he followed proper legal forms for his power.
• D)led to the perception that he co-ruled with the Senate.
• E)All of these are correct.

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Definitions:

Overapplied

When the overhead cost allocated to products exceeds the actual overhead costs incurred, requiring adjustment.

Underapplied

A situation where the actual manufacturing overhead costs are higher than the amount allocated to products.

Job-Order Costing System

A job-order costing system is an accounting method that tracks and accumulates costs for individual jobs or batches, which are distinct and can be separately identified.

Overapplied

A term used in accounting when the allocated overhead costs are more than the actual overhead costs incurred.