Which of the Following Groups Are Underrepresented in the Texas

question 63

Multiple Choice

Which of the following groups are underrepresented in the Texas legislature?

• A) Attorneys
• B) Farmers and ranchers
• C) Women
• D) White males
• E) Businesspersons

---

Definitions:

Total Period Cost

The sum of all expenses incurred by a business within a specific period, including both fixed and variable costs.

Absorption Costing

An accounting technique that integrates all costs associated with production, including direct materials, direct labor, and variable and fixed overhead costs, into the cost of a product.

Profit

The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Loss

The negative result from operations or other transactions when costs and expenses exceed revenues.