Even Though More Than 2

question 64

Multiple Choice

Even though more than 2.3 percent of people have IQs below the 70 cutoff,only about 1 percent of the population has an intellectual disability.The prevalence of intellectual disability is lower than the prevalence of low IQs because

• A)IQ tests are not reliable.
• B)most forms of intellectual disability have biological causes.
• C)many adults with low IQs have adequate adaptive skills.
• D)only people younger than age 18 can be diagnosed with intellectual disability.

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Definitions:

Variable Cost

Charges that adjust in line with the production levels or the quantity of sales.

Fixed Cost

Expenses that do not change with the level of production or sales over a short period, such as rent, salaries, or insurance.

Activity Level

A measure of the volume of production or operation activity that influences costs, used in variable costing to adjust for changes in operating scale.

Product Costs

Costs directly associated with the manufacturing of products, including materials, labor, and factory overhead.