Statistics Canada Projects That One of the Fastest Growing Visible

question 23

Multiple Choice

Statistics Canada projects that one of the fastest growing visible minority groups in Canada,who are expected to triple their current numbers by 2031 will be which group?

• A) Filipino Canadians
• B) South Asians
• C) African-Canadians
• D) Arabs

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Definitions:

Direct Materials

Materials that are traceable to the production of specific goods or services and included in the cost of those goods or services.

Direct Labour

is the cost associated with workers who are directly involved in the production of goods or services, such as wages for assembly line workers.

Prime Cost

The sum of direct materials and direct labor costs that are directly attributable to the production of a product.

Product Cost

The total expenditure incurred to produce a product, including direct materials, direct labor, and overhead.