The Strategy of Bypassing State and City Governments and Giving

question 14

Multiple Choice

The strategy of bypassing state and city governments and giving federal grants directly to community organizations was a feature of

• A)FDR's cooperative federalism.
• B)LBJ's creative federalism.
• C)Nixon's revenue sharing.
• D)Reagan's new federalism.

---

Definitions:

Product's Profit

The financial gain made from selling a product after deducting the cost of its production and sale.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to related products and services based on the activities they require.

Material Handling

The movement, protection, storage, and control of materials and products throughout manufacturing, warehousing, distribution, consumption, and disposal.

Activity Cost Pool

A “bucket” in which costs are accumulated that relate to a single activity measure in an activity-based costing system.