Biopiracy Is the Term Sometimes Used to Refer To

question 57

Multiple Choice

Biopiracy is the term sometimes used to refer to:

• A)the use of recombinant DNA by large multinational corporations that dominate the pharmaceutical,seed,and agrochemical industries
• B)genetic pollution
• C)the theft of patents by environmentalists
• D)the patenting of naturally occurring DNA by large multinational corporations that dominate the pharmaceutical,seed,and agrochemical industries

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Definitions:

Direct Labor-Hours

The total hours worked by employees that are directly involved in the manufacturing process or providing a service, used in costing and operational efficiency analyses.

Direct Material

Primary raw materials directly incorporated into a finished product, an essential component in calculating the cost of goods sold.

Work in Process

Inventory that includes partially finished goods which are still in the production process.

Direct Materials Variances

The difference between the actual cost of direct materials used in production and the standard cost of those materials.