The 7x7 Rule Refers to a Presenter Having No More

question 28

Multiple Choice

The 7x7 rule refers to a presenter having no more than _____.

• A)7 bullet points per slide, 7 words per bullet
• B)7 slides per presentation, 7 bullet points per slide
• C)7 bullet points per slide, 7 graphics per presentation
• D)7 slides per presentation, 7 words per slide

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Definitions:

Variable Costing

A costing method that includes only variable manufacturing costs—direct materials, direct labor, and variable manufacturing overhead—in the cost of a product.

Absorption Costing

A system for determining product costs that encompasses all manufacturing expenses, including direct materials, direct labor, and overheads, regardless of them being fixed or variable.

Ending Inventory

The value of goods available for sale at the end of an accounting period.

Variable Overhead Cost

Overhead costs that vary with the level of production or business activity, such as utilities or materials used in production.