In 2018, the Tech for Good Summit, Hosted by French

question 2

Multiple Choice

In 2018, the Tech for Good Summit, hosted by French president Emmanuel Macron, brought 50 CEOs and top executives from the world's leading technology companies to discuss how technology can positively contribute to society. Uber committed to providing free health insurance to its drivers in Europe. Macron conveyed France's support for innovation coupled with tougher regulation and working for the common good. In working together to influence one another and effect change, these companies and the French government were practicing _____________.

• A) Public diplomacy
• B) National cooperation
• C) Constructive public relations
• D) Political artfulness

---

Definitions:

Standard Cost System

A cost accounting system that applies estimated costs to product costs for setting standards, controlling operations, and identifying variances or differences between actual costs and standard costs.

Direct Labor Costs

The total expense a company incurs for paying employees who are directly involved in the manufacturing of a product or the delivery of a service.

Standard Cost System

A cost accounting system that uses cost estimates for materials, labor, and overhead to assess performance by comparing these standard costs to actual costs incurred.

Work in Process

Inventory comprising goods that are in the production process but not yet completed.