When Building a New Residential Development or Mall,a National Real

question 138

Multiple Choice

When building a new residential development or mall,a national real estate organization typically does not remove many trees,basing its decision on the belief that natural resources are limited and the company must not compromise the ability of future generations to meet its own needs.This philosophy is known as ___.

• A)sustainability
• B)environmental stimulation
• C)natural ethics
• D)enviroethics
• E)green values

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Definitions:

Direct Labor Cost

The cost associated with employees who directly contribute to the production of goods, such as wages for factory workers.

Income Statement

A financial report that shows a company's revenues, expenses, and net income over a specific period.

Production Equipment

Assets used in the manufacturing process to produce goods and services, including machinery, tools, and assembly lines.

Cost Object

Any item for which a separate measurement of costs is desired, including products, services, projects, or customers.