What Is a Seismic Gap

question 16

Multiple Choice

What is a seismic gap?

• A) a part of an active fault that has not had recent earthquakes
• B) a long time between earthquakes on a fault
• C) a pronounced crevice along a fault
• D) a gaping crack created by fault movement
• E) an earthquake that causes no vibration of the ground

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Definitions:

Fixed Manufacturing Overhead Rate

This refers to the rate at which all fixed manufacturing costs are allocated across units produced, typically calculated at the beginning of a fiscal period.

Variances

The difference between planned or expected financial outcomes and the actual results.

Direct Materials

Raw materials that directly become a part of the finished product and can be easily traced to it.

Standard Cost

A predetermined cost of manufacturing a single unit or a number of product units during a specific period under current or anticipated operating conditions.