Of the Following Types of Knowledge,a Pragmatist Would Most Likely

question 14

Multiple Choice

Of the following types of knowledge,a pragmatist would most likely support the study of knowledge that

• A)exists for its own sake.
• B)can be used to help people become better educated.
• C)enables us to speculate further on the relationship between body and mind.
• D)has no specific use,but is highly interesting from a psychological perspective.

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Definitions:

Direct Materials Quantity Variance

The difference between the actual quantity of materials used in production and the standard amount expected to be used, multiplied by the standard cost per unit of material.

Actual Costs

Expenditures that a company incurs, as opposed to estimations or budgeted amounts.

Standard Costs

Predetermined costs for material, labor, and overhead used as benchmarks for measuring performance.

Direct Labor Time Variance

The difference between the actual hours spent on production and the standard hours expected, multiplied by the standard hourly wage rate.