How Much of the U

question 55

Multiple Choice

How much of the U.S. federal budget is spent on foreign aid?

• A) About 1 percent.
• B) About 5 percent.
• C) About 25 percent.
• D) About 50 percent.

---

Definitions:

Activity Drivers

Factors that influence the costs of business activities by measuring the amount of activity that drives costs.

Root Cause

The underlying or fundamental reason for a problem or issue, which, when addressed, prevents recurrence.

Cost Drivers

Activities or factors that cause a change in the cost of a good or service, crucial for budgeting, planning, and cost management.

Normal Costing

An accounting method that assigns costs to products based on direct materials, direct labor, and an allocated portion of manufacturing overhead based on normal activity levels.