Complete the Following Using the Terms Listed

question 121

Multiple Choice

Complete the following using the terms listed.
-_____ requires publicly traded companies to announce major information to the general public,rather than first disclosing the information to selected investors.

• A)Securities and Exchange Commission (SEC)
• B)Occupational Safety and Health Administration (OSHA)
• C)False Claims Act
• D)social audit
• E)social responsibility
• F)business ethics
• G)sexual harassment
• H)code of conduct
• I)Product liability
• J)postconventional stage
• K)Regulation FD
• L)Whistle-blowing
• M)green marketing

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Definitions:

Direct Labor Budget

An estimate of the total amount of labor cost that will be needed to produce the products a company plans to manufacture in a specific period.

Variable Manufacturing Overhead

Indirect manufacturing costs that fluctuate with production volume, such as utility costs for running production equipment.

Fixed Manufacturing Overhead

The total of all production costs that do not change with the level of output, including salaries, rent, and insurance.

Depreciation

The allocation of the cost of an asset over its useful life, reflecting the loss in value over time.