The Two Categories of Social Groups or Institutions Are

question 88

Multiple Choice

The two categories of social groups or institutions are

• A) kinship and free association.
• B) social and kinship.
• C) kinship and monogamy.
• D) culture and monogamy.

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Definitions:

Perpetual Inventory Records

This is an inventory management system that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.

Direct Materials

Raw materials that are traceable to the manufacturing of a product and are an integral part of the finished product.

Predetermined Overhead Rate

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

Direct Materials Used

Direct Materials Used are raw materials that are directly incorporated into a finished product and are a major part of manufacturing costs.