English Political Philosopher John Locke Asserted That If the Monarch

question 24

Multiple Choice

English political philosopher John Locke asserted that if the monarch

• A) was elected by the people, he could rule forever.
• B) fed the people, the people should be loyal.
• C) abused his or her power, the people had a duty to rebel.
• D) ruled absolutely without controls, harmony would ensue.
• E) ruled with morality, society would be moral as well.

---

Definitions:

Weighted-Average Method

An inventory costing method that calculates the cost of goods sold and ending inventory based on an average cost of all goods available for sale.

Total Cost Transferred

The total amount of costs moved from one stage of production to the next, or from one department to another.

Processing Department

A division within a factory where a specific stage of production is completed, contributing to the transformation of raw materials into finished products.

Cost System

A method employed by a business to track, record, and analyze costs, aiding in financial planning and cost control.