Which of the Following Is the Main Reason Why Companies

question 24

Multiple Choice

Which of the following is the main reason why companies dispose hazardous wastes in less developed countries?

• A)international agreements
• B)weak regulations and low costs
• C)advanced waste disposal plants
• D)large amounts of available land

Understand the concept and calculation of variance.

Determine and calculate the standard deviation of a data set.

Interpret the importance of variability in descriptive statistics.

Recognize and calculate the inclusive and exclusive ranges.

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Definitions:

Revenues

The total amount of money received by a company for goods sold or services provided during a certain time period.

Costs and Expenses

The consumption of resources or services in the production of goods or in providing services, resulting in financial outlay.

Income

Revenue earned by a business or individual, resulting from their activities or investments.

Variable Costing

An accounting method that only allocates variable costs to product costs, excluding fixed factory overhead.