The ________ Clause of the U

question 12

Multiple Choice

The ________ clause of the U.S.Constitution reads that Congress is empowered to lay and collect taxes,duties,imposts,and excises,and to pay the debts of the United States.

• A)necessary and proper
• B)general welfare
• C)commerce
• D)supremacy

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Definitions:

Cost Analysis

The review and evaluation of the costs associated with a project, process, or activity, aimed at identifying opportunities for cost reduction and efficiency improvement.

Cost Reduction Target

A goal set by a company to decrease expenses in order to improve profitability.

Cost Elements

The various types of expenses that contribute to the total cost of a product or service, including materials, labor, and overhead.

Leverage Items

Products or services critical to an organization's operations that can be used as a bargaining tool in negotiations.