Which of the Following Can Help Explain the Technology Gap

question 53

Multiple Choice

Which of the following can help explain the technology gap that exists between some countries?

• A)poorly established property rights
• B)political instability
• C)the relative absence of entrepreneurs
• D)all of the above
• E) none of the above

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Definitions:

Overapplied Overhead

A scenario in which the overhead costs assigned surpass the real overhead expenses incurred.

Allocation

The process of assigning costs or resources to various departments, products, or activities based on specific criteria.

Schedule of Cost

A detailed list or report showing the various costs associated with a project or production, including direct and indirect costs.

Goods Manufactured

The completed products that are ready for sale, resulting from the manufacturing process.