The_____is the System of Official Channels That Carry Organizationally Approved

question 2

Multiple Choice

The_____is the system of official channels that carry organizationally approved messages and information.

• A) downward communication channel
• B) upward communication channel
• C) horizontal communication channel
• D) formal communication channel
• E) informal communication channel

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Definitions:

Operating Income

Earnings before interest and taxes (EBIT), representing the profit from core business operations.

Contribution Format

Contribution format is an income statement format that separates costs into fixed and variable categories, highlighting the contribution margin of goods or services sold.

Contribution Margin

The amount by which sales revenue exceeds variable costs. It represents the portion of sales that helps to cover fixed costs.

Contribution Format

A type of income statement where costs are classified as variable or fixed, and the contribution margin is computed by subtracting total variable costs from sales.