Which of the Following Statements Regarding Social Class Is True

question 167

Multiple Choice

Which of the following statements regarding social class is true?

• A) A social class is a closed aggregate of people with similar social ranking.
• B) The criteria used to group people into social classes do not vary from one culture to another.
• C) A social class is an open aggregate of people with similar social ranking.
• D) A social class is a ranking of people by other members of society into positions of social respect.
• E) A social class is an open aggregate of people with different social rankings.

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Definitions:

Finishing

The final step in the manufacturing process where a product undergoes final touch-ups, coating, polishing, or packaging.

Predetermined Overhead Rate

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

Machine-Hours

A unit of measure indicating the operational time of machines in manufacturing processes, key to determining overhead rates and productivity.

Direct Labor-Hours

The total hours of work directly involved in manufacturing goods or delivering services, often used as a basis for allocating overhead.