Which of the Following Examples of New Deal Legislation Is

question 75

Multiple Choice

Which of the following examples of New Deal legislation is correctly paired with what its purpose?

• A) National Youth Administration: Launched a federal-state program of workers' pensions, unemployment insurance, and other welfare benefits.
• B) Fair Labor Standards Act: Banned child labor and set a national minimum wage.
• C) Federal Securities Exchange Act: Raised taxes on corporations and the wealthy.
• D) National Housing Act: Halted sale of tribal lands and enabled tribes to regain unallocated lands.
• E) Public Utilities Holding Company Act: Guaranteed unions' collective-bargaining rights and outlawed anti-union practices.

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Definitions:

Standard Cost Systems

An accounting method that uses standard costs for direct materials, labor, and overhead to help managers control business costs.

Performance Evaluation

The formal assessment process of an employee's job performance, typically conducted through reviews and meetings.

Actual Costing System

A costing method that assigns costs to products based on the actual costs of direct materials, direct labor, and overhead incurred.

Direct Material Price Variance

Direct material price variance measures the difference between the actual cost of direct materials and the expected (or standard) cost, indicating how well a company manages its material costs.