Which of the Following Was the Most Important Characteristic in Allowing

question 85

Multiple Choice

Which of the following was the most important characteristic in allowing humankind to settle in an area?

• A) mineral deposits
• B) temperate climate
• C) proximity to water
• D) abundant food supply
• E) access to trade routes

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Definitions:

Allocated Overhead Costs

Expenses related to the indirect costs of production that are assigned to specific products or departments based on a formula or method.

Allocation Methods

Allocation methods are accounting strategies used to distribute costs or revenues among different departments, products, or processes within a company.

Overhead Costs

Indirect expenses related to the operation of a business that are not directly assignable to a specific product or service.

Direct Labor Hours

The total hours worked by employees directly involved in the manufacturing of a product or the provision of a service.