Which of the Following Scenarios Is an Example of Basic

question 25

Multiple Choice

Which of the following scenarios is an example of basic research?

• A)Jeremy, a social activist, is researching ways to improve the quality of life of physically challenged people.
• B)Xerome, an engineer, is trying to find an alternative fuel that would be cost effective and environmental friendly.
• C)Sasha, a student, is working on his new science project.
• D)Laila, an engineer, is trying to rectify the malfunctions of her newly invented engine.

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Definitions:

Cash Disbursements

Payments made in cash by a business, including operating expenses, purchasing of assets, and other financial activities.

Manufacturing Overhead

All manufacturing costs that are not directly related to the production of a product, including expenses such as rent, utilities, and salaries for managers.

Direct Labor Cost

The cost that can be directly attributed to the production of specific goods or services, such as wages of employees directly involved in production.

Predetermined Manufacturing Overhead

An estimated rate used to assign manufacturing overhead costs to cost objects during a specific period, calculated before the period begins.