Which of the Following Was Not a Factor in Explaining

question 26

Multiple Choice

Which of the following was not a factor in explaining Britain's policy of appeasement?

• A) Growing suspicion that Japan and Germany would form an alliance against Great Britain.
• B) Widespread public opposition in Britain to rearmament and a strong desire to work through the League of Nations.
• C) Britain's lack of military preparedness, especially its inadequate air force.
• D) Widespread revulsion among British elites at the prospect of another world war.

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Definitions:

Markup

An additional cost placed on the buying price of merchandise to offset running costs and achieve profits.

Absorption Costing

An approach to costing that encompasses all costs associated with manufacturing such as direct materials, direct labor, along with variable and fixed overheads, within the per unit cost of products.

Cost-plus Pricing

A pricing strategy where the selling price is determined by adding a specific markup to a product's unit cost.

Selling and Administrative Expenses

These are the combined costs associated with the general operations of a business that are not directly tied to producing goods or services, including expenses like salaries, rent, and utilities.