Which of the Following Is an Example of an Allowable

question 5

Multiple Choice

Which of the following is an example of an allowable cost considered by U.S. government contract?

• A) supervision costs
• B) costs of lobbying activities
• C) costs of alcoholic beverages
• D) costs of vacation for executives

Understand the concept of social responsibility for a business and its implications.

Describe the role of communication tools in connecting control systems to business processes.

Explain the concept of productivity and its significance in operations management.

Understand the importance of inputs in determining the quality and quantity of the produced goods or services.

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Definitions:

Economically Beneficial

Describes actions, policies, or activities that result in a positive impact on economic well-being, efficiency, or growth.

Fixed Amounts

Quantities that remain constant and do not change over time, regardless of any external conditions or variables.

Consumer Desire

The willingness and preference of consumers to purchase goods and services.

Strawberry Pickers

Laborers who specialize in the harvest of strawberries, often requiring manual dexterity and speed.