Explicit Knowledge Is

question 19

Multiple Choice

Explicit knowledge is

• A) based on experience.
• B) highly personal in nature.
• C) specific to certain jobs and situations.
• D) easily conveyed through written or verbal communication.
• E) not something that can be explained by the people who possess it.

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Definitions:

Semiannually

Happening biannually or once every six months.

Ending Inventory

The total value of all the goods remaining unsold at the end of an accounting period.

Cost of Goods Sold

Costs directly connected with the manufacture of goods a company sells, including both materials and workforce expenses.

Beginning Inventory

The value of all the inventory held by a business at the start of an accounting period.