Russell Says, "All Acquisition of Knowledge Is an Enlargement of the Self

question 13

True/False

Russell says, "All acquisition of knowledge is an enlargement of the Self, but this enlargement is best attained when it is not directly sought. It is obtained when the desire for knowledge is alone operative, by a study which does not wish in advance that its objects should have this or that character."

---

Definitions:

Adjusted Cost

The modification of the historical cost of an asset to reflect changes due to depreciation or amortization.

Goods Sold

The total quantity of products a company has sold during a particular period; it is closely related to "cost of goods sold" but focuses on the volume rather than the cost.

Work in Process

Inventory items that are partially completed, residing between raw material and finished goods stages in the production process.

Underapplied

Refers to the condition where the actual manufacturing overhead costs exceed the applied manufacturing overhead costs in accounting.