Match Each Term with the Correct Statement Below

question 13

Multiple Choice

Match each term with the correct statement below.
-Question form used as a strategy for seeking more detail to help clarify what has just been said.

• A)small talk
• B)closed questions
• C)assertive communication
• D)conversation
• E)passive communication
• F)rhetorical questions
• G)aggressive communication
• H)open minded
• I)probing questions
• J)icebreakers

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Definitions:

Single Product

A business strategy or market condition where a company focuses on and sells only one product.

Absorption Costing

A costing method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overhead - in the price of a product.

Net Operating Income

The profit a company makes after deducting operating expenses from gross income, excluding interest and taxes.

Variable Costing

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