What Is the Meaning of Socialism in the Name National

question 30

Multiple Choice

What is the meaning of socialism in the name National Socialism?

• A) The Nazis were a leftist movement committed to the destruction of capitalism.
• B) The Nazis were an umbrella organization that promoted a variety of ideologies from extreme nationalism to Communism.
• C) The nation will be strengthened by the elimination of class antagonism, not classes.
• D) Socialism is the goal but only for one nation.
• E) The term was used to attract workers, but it had no clear meaning.

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Definitions:

Actual Units

The real quantity of items produced, sold, or consumed, as opposed to planned or theoretical quantities.

Variable Overhead Spending Variance

This is the difference between the actual variable overheads incurred and what was expected or budgeted, based on the actual level of production activity.

Standard Quantity

The predetermined or expected amount of materials required to complete one unit of a product, used for budgeting and costing purposes.

Standard Price

The predetermined cost that a company expects to pay for goods and services; used in budgeting and cost control.