The Most Serious and Rapidly Accelerating of All Global Environmental

question 60

Multiple Choice

The most serious and rapidly accelerating of all global environmental problems is the loss of

• A)biodiversity.
• B)fossil fuels.
• C)fresh water.
• D)unused land for agriculture.
• E)small farms.

---

Definitions:

Insurance Premiums

The amount of money that an individual or business must pay for an insurance policy.

Direct Materials Cost

The expense associated with the raw materials directly used in the production of a product.

Cost Behavior Classifications

The categorization of costs based on how they change in relation to changes in a company’s level of activity or volume.

Activity Base

A measure upon which the allocation of costs is based in activity-based costing, often relating to a metric that causes costs to occur such as machine hours or labor hours.