What Is a Bogus Pipeline

question 49

Multiple Choice

What is a bogus pipeline

• A) incorrect performance feedback
• B) a fake lie detector
• C) misleading survey questions
• D) deceptive confederate behavior

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Definitions:

Accounting Costs

Explicit costs involving monetary payment or outlay by an organization or individual for goods or services.

Economic Profit

The difference between the total revenue generated by a business and the total costs, including both explicit and implicit costs.

Accounting Profit

The total revenue of a firm minus the explicit costs directly associated with its operation, such as materials and labor, calculated according to standard accounting practices.

Implicit Cost

The opportunity cost equal to what a firm must give up in order to use resources it already owns for production, without direct payment.