Which of the Following Was a Reason for Portuguese and Spanish

question 23

Multiple Choice

Which of the following was a reason for Portuguese and Spanish oversea s exploration?

• A) Both countries had long standing alliances with Muslim powers.
• B) Spain was a center of Renaissance learning
• C) They already had the major share of the Mediterranean trade
• D) In the name of Christian pacifism, they wished to avoid all potential occasions for conflict.
• E) None of these

---

Definitions:

Direct Material Price Variance

Direct material price variance is the difference between the actual cost of materials used in production and the expected (or standard) cost, indicating how effectively a company manages its resource costs.

Actual Production

Refers to the quantity of goods that have been produced within a given time frame, as opposed to planned or theoretical production levels.

Direct Labour Variance

The difference between the actual direct labor costs incurred and the standard costs for the actual production achieved.

Direct Labour Standards

Benchmarks for the amount of labor time that is expected to be necessary to produce a unit of product or to complete a process.