Since It Was Established by Law in 1947, Presidents Have

question 33

Multiple Choice

Since it was established by law in 1947, presidents have relied on an inner cabinet composed of the president; vice president; secretaries of state, defense, and treasury; and the attorney general for foreign policy decisions. What is the term for this inner cabinet?

• A)the kitchen cabinet
• B)the Executive Office of the President
• C)the National Security Council
• D)the Office of Legislative Affairs

---

Definitions:

Direct Labor Hours

The number of labor hours spent by workers who are directly involved in the production of goods or services.

Materials Requisitions

Documents used to request the transfer of materials from inventory for production purposes or other internal use.

Job Cost Sheets

Documents that track and record all the costs associated with a specific job or project.

Cost Allocation

Cost Allocation is the process of identifying, aggregating, and assigning costs to cost objects such as products, departments, or projects to accurately represent where expenses are incurred.