Better Educated and Higher Social Status Individuals

question 24

Multiple Choice

Better educated and higher social status individuals

• A)are less likely to use opportunities for participation.
• B)may have feelings of political efficacy and civic duty.
• C)do not need to organize because they have significant financial resources.
• D)are less likely to organize than working-class individuals.

---

Definitions:

Variable Overhead Rate

The ratio of variable overhead costs to an activity base, used to allocate variable overhead costs to products or services.

Direct Labor-Hours

The total hours worked by employees directly involved in the manufacturing process or providing services.

Ending Cash Balance

The amount of cash a company has at the end of a given financial period, reflecting all cash inflows and outflows.

Budgeted Cash Receipts

Projected cash inflows for a future period, based on sales forecasts and other receipts.