According to the Principle of Consent of the Governed

question 104

Multiple Choice

According to the Principle of Consent of the Governed:

• A) those who seek to rule must have the consent of those whom they claim to rule.
• B) those who are ruled must be able to depose the rulers at any time they wish.
• C) the governed must explicitly consent to all important actions of the government.
• D) every state must have a mechanism, such as periodic elections, which allows the governed to express their desires.
• E) None of the above

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Definitions:

Labor Efficiency Variance

The difference between the actual hours worked and the standard hours worked, multiplied by the standard labor rate.

Direct Labor-Hours

The total amount of labor time directly involved in manufacturing a product or delivering a service, often used as a basis for allocating overhead costs.

Variable Manufacturing Overhead

Overhead costs that fluctuate directly with the volume of production output, such as utilities and indirect materials.

Raw Materials

The basic, unprocessed inputs used in manufacturing to produce goods and finished products.