What Does It Take to Professionalize an Occupation

question 109

Multiple Choice

What does it take to professionalize an occupation?

• A) removing all gender discrimination from the profession
• B) securing legitimacy through public and government approval
• C) getting a university degree from an accredited institution
• D) competing with other services that have different qualifications

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Definitions:

Direct Materials Cost

The expense associated with the raw materials directly used in the production of a product.

Cost Behavior Classifications

The categorization of costs based on how they change in relation to changes in a company’s level of activity or volume.

Activity Base

A measure upon which the allocation of costs is based in activity-based costing, often relating to a metric that causes costs to occur such as machine hours or labor hours.

Cost Behavior

The way in which costs change in relation to variations in an organization’s activity level.