The Chinese Master Who Once Compared the Choice Between Preserving

question 6

Multiple Choice

The Chinese master who once compared the choice between preserving one's life versus upholding righteousness to the choice between eating fish versus eating bear's paws was

• A) Confucius.
• B) Mencius.
• C) Laozi.
• D) Zhuangzi.

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Definitions:

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.

Direct Labor Variances

The differences between the actual costs of direct labor and the standard or expected costs, used for budgeting and cost control.

Direct Labor Workers

Employees who are directly involved in the production of goods or services.