Which of the Following Is True About Loose Cultures

question 112

Multiple Choice

Which of the following is true about loose cultures?

• A) A high degree of conformity to social norms is present.
• B) Tolerance for deviation is absent.
• C) The goal is to fit into the societal expectations.
• D) Social norms are narrow and unambiguous.
• E) Non-criminal deviations from norms tend to be tolerated.

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Definitions:

Predetermined Overhead Rate

A rate calculated before a period begins, used to allocate estimated overhead costs to products or services based on a certain activity base.

Variable Manufacturing Overhead

Costs that fluctuate with production volume, such as utilities for the manufacturing plant.

Fixed Manufacturing Overhead

The portion of fixed costs that is directly associated with the production process, including salaries of managers and factory maintenance.

Predetermined Overhead Rate

An estimated charge used for cost allocation within a budget or accounting period, calculated by dividing the estimated manufacturing overhead costs by an allocation base.