Which of the Following Statements About India Is Not True

question 173

Multiple Choice

Which of the following statements about India is not true?

• A) India is the world's largest exporter of generic drugs.
• B) India has the fastest-growing middle class in history.
• C) India is the industry leader in information technology outsourcing.
• D) One of the fastest-growing industries in India is pharmaceuticals.
• E) India has a large English-speaking population.

---

Definitions:

Plantwide Predetermined Rate

A single overhead rate calculated by dividing total estimated manufacturing overhead costs by the total estimated amount of allocation base, applied throughout the plant.

Machine-Hours

A measure of production time, representing the total hours that machines are operated in the manufacturing process.

Manufacturing Overhead

All manufacturing costs that are not directly related to the production of goods, such as the cost of maintenance, heat, and light of the production facility.

Plantwide Predetermined Rate

A single overhead rate calculated by dividing total estimated manufacturing overhead costs by the total estimated amount of the allocation base, applied throughout an entire plant or facility.