When You and Your Friend Make Faces at Each Other

question 72

Multiple Choice

When you and your friend make faces at each other during a class lecture it is an example of

• A) miscommunication.
• B) verbal communication.
• C) nonverbal communication.
• D) encoded communication.

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Definitions:

Fixed Costs

Expenses that do not change with the level of production or sales activity, such as rent or salaries.

Contribution Margin

This is the amount remaining from sales revenue after all variable expenses have been deducted.

Financial Reporting

The process of providing financial information to company stakeholders to help in making business decisions.

Units

A measure of quantity, such as items or products, used in business operations and accounting.