Which of the Following Is the Intentional Withholding of Meaningful

question 100

Multiple Choice

Which of the following is the intentional withholding of meaningful information from management, which includes asking questions, expressing concerns, and offering suggestions?

• A) upward communication
• B) voice
• C) silence
• D) e-harassment

Apply standard costing methods to recording transactions in a worksheet.

Analyze and interpret fixed and variable manufacturing overhead variances.

Apply standard cost variances to affect the Cost of Goods Sold.

Understand the concept of standard cost system and its application in the manufacturing industry.

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Definitions:

Periodic Inventory System

A method that relies on occasional physical counts of inventory to determine the ending inventory balance and the cost of goods sold.

Purchase Return

Occurs when a buyer returns merchandise to the seller for a refund or credit due to various reasons such as defects or dissatisfaction.

Merchandise Defective

Goods received or in inventory that do not meet the seller's or buyer's specifications and may need to be returned or discarded.

Net Method

An accounting method where discounts for early payment are anticipated and recorded as reductions of the cost of purchases or an expense.