The Term Heritability Refers to The

question 446

Multiple Choice

The term heritability refers to the:

• A) percentage of variation within a particular population that is due to heredity.
• B) percentage of variation between two particular populations or racial or ethnic groups that is due to heredity.
• C) percentage of a particular characteristic that is due strictly to hereditary factors.
• D) degree to which a particular trait or quality is the result of the biological mother's genes or the biological father's genes.

---

Definitions:

Activity-Based Costing

A costing method that assigns overhead and indirect costs to specific activities related to production, providing more accurate product costing.

Direct Labor-Hours

The total hours worked by employees directly involved in the manufacturing process, serving as a basis for assigning labor costs to products.

Direct Materials Cost

The expenditure for raw materials that can be directly traced to the production of goods.

Traditional Costing

An accounting method that assigns all manufacturing overhead costs to products based on a predetermined overhead rate, regardless of the activities that generated the costs.