Why Are Fossil Fuels So Widely Used

question 2

Multiple Choice

Why are fossil fuels so widely used?

• A)There are numerous, inexpensive sources.
• B)They can be easily transported.
• C)They have a large amount of energy stored in them compared to biomass.
• D)all of the above
• E)none of the above

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Definitions:

Labor Efficiency Variance

The difference between the actual hours worked by employees to produce goods and the expected hours, used to measure workforce efficiency.

Variable Overhead Rate Variances

The difference between the actual variable overhead incurred and the standard variable overhead allocated to production, indicating cost control efficiency.

Lubricants

Oils, greases, and other substances used to reduce friction between mechanical parts.

Supplies

Items and materials used in the daily operations of a business, often consumable and regularly replaced.