Economic Value Added Is Defined as

question 24

Multiple Choice

Economic Value Added is defined as

• A) the same as accounting profit.
• B) total revenue less total explicit costs.
• C) Accounting profit net of the minimum return on invested capital demanded by the firm's investors.
• D) The same as economic profit.

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Definitions:

Proxemics

The study of human use of space and the effects that population density has on behavior, communication, and social interaction.

Phonemics

The study of the system and pattern of sounds that occur in a language, focusing on phonemes, which are the smallest units of sound that can distinguish meaning.

Paralanguage

Refers to the non-verbal elements of communication used to modify meaning and convey emotion, such as tone of voice, loudness, and pitch.

Verbal Communication

The use of spoken or written words to convey information, ideas, and feelings.