Which of the Following Statements Is Not Correct

question 11

Multiple Choice

Which of the following statements is not correct?

• A) Conservatives viewed God and history as the only sources of political authority.
• B) Edmund Burke was concerned that fanaticism would lead to terrorism.
• C) Conservatism did not point to a limitation of the Enlightenment.
• D) Conservatives believed that no legitimate or sound constitution could be drawn up by a group assembled for that purpose.
• E) Conservatives did not view human beings as good by nature.

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Definitions:

Operating Income

A measure of a company's profitability from its regular business operations, excluding income and expenses from unusual or non-operational activities.

Absorption Costing

An accounting method that includes all manufacturing costs (both fixed and variable) in the cost of a product.

Operating Income

Earnings from a company's core business operations, excluding expenses and revenues from investments and other non-operational activities.

Variable Costing

An accounting method that only allocates variable production costs to products, excluding fixed costs.