Using the State to Distribute Public Goods as Form of Patronage

question 31

Multiple Choice

Using the state to distribute public goods as form of patronage in return for political support is known as:

• A)neocorporatism.
• B)corporatism.
• C)clientelism.
• D)rent seeking.
• E)pork barreling.

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Definitions:

Job Order Cost System

An accounting system that accumulates costs for each individual job or project to determine its profitability.

Flow Of Costs

The way costs move through inventory accounts, eventually ending up as cost of goods sold on the income statement.

Accumulating Manufacturing Costs

The process of tracking and collecting all the costs associated with the production of goods, from raw materials to labor.

Raw Materials Inventory

The stock of unprocessed materials used in the production of goods.