When Is the Staff of a Member of Congress Most

question 13

Multiple Choice

When is the staff of a member of Congress most likely to have an influence over how he or she votes on a given bill?

• A) when the bill is expensive
• B) when the bill is important to his or her constituents
• C) when the bill is highly partisan
• D) when the bill is nonideological

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Definitions:

Variable Costing

An accounting method that only includes variable production costs—direct materials, direct labor, and variable manufacturing overhead—in product cost.

Unit Product Cost

Unit product cost is the total expense incurred to produce, assemble, and prepare a single unit for sale, encompassing both direct costs and allocated overheads.

Absorption Costing

An accounting method that includes both variable and fixed manufacturing costs in the cost of a product, used for external reporting.

Unit Product Cost

The combined sum of fixed and variable expenses incurred in the creation of one unit of a product.