Which of the Following Terms Best Characterizes the Global "Occupy

question 88

Multiple Choice

Which of the following terms best characterizes the global "Occupy Movement" that started in 2011?

• A) Protestant ethic
• B) class consciousness
• C) false consciousness
• D) Verstehen

---

Definitions:

Net Operating Income

The profit realized from a business's operations after subtracting operating expenses but before taxes and interest.

Variable Selling

Refers to the costs associated with selling a product or service that fluctuate with the level of sales activity, such as commissions and shipping charges.

Absorption Costing

A cost accounting methodology that absorbs all production costs, like direct materials, direct labor, and overhead expenses whether variable or fixed, into the final cost of a product.

Variable Costing

A costing method that includes only the variable manufacturing costs (direct materials, direct labor, and variable manufacturing overhead) in product costs.