Which of the Following Statements About Professionalism in the Workplace

question 65

Multiple Choice

Which of the following statements about professionalism in the workplace is most accurate?

• A)Unprofessional behavior affects only the individual who displays it.
• B)More organizations are establishing procedures or policies to encourage professionalism.
• C)Employees need to exhibit professional behavior only when working at their desks.
• D)You exhibit professional behavior only through nonverbal actions such as dressing appropriately or maintaining eye contact with others.

Understand the basics of standard costing system including its components and calculations.

Calculate and analyze direct material price variances.

Analyze and calculate variable manufacturing overhead variances, including rate and efficiency variances.

Calculate and interpret direct labor variances, including rate and efficiency variances.

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Definitions:

Cash Equivalents

Short-term, highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.

Short-Term Investments

Assets that are expected to be converted into cash or sold within one year or the operating cycle, whichever is longer.

Internal Auditors

Professional auditors who are employed by an organization to perform auditing and analysis of its operations, systems, and financial activities, ensuring compliance and identifying improvements.

Internal Control Elements

Components of a framework designed to safeguard assets, ensure financial reporting accuracy, promote operational efficiency, and encourage adherence to policies.