A Person's Perception of Whether a Decision-Making Process Was Fair

question 71

Multiple Choice

A person's perception of whether a decision-making process was fair depends on several attributes. One attributes is whether the authorities were seen as unbiased, honest, and principled. This is known as:

• A) Neutrality
• B) Voice
• C) Trustworthiness
• D) Kindness

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Definitions:

Direct Materials

Raw materials that are traceable to the product and included in the direct costs of manufacturing.

Fixed Manufacturing Overhead

Represents the consistent costs associated with manufacturing that do not fluctuate with the level of production, such as rent, salaries, and equipment depreciation.

Direct Labor Cost

The wages and other compensation paid to employees who are directly involved in the production of goods or services.

Variable Costing

An accounting method that includes only variable production costs—direct materials, direct labor, and variable manufacturing overhead—in product costs, excluding fixed overhead.