Which of the Following Is NOT Among the Important Guidelines

question 36

Multiple Choice

Which of the following is NOT among the important guidelines for ending a relationship?

• A)"Give the relationship a fair chance before breaking up."
• B)"Be fair and honest."
• C)"Be tactful."
• D)"Move on as quickly as possible."

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Definitions:

Variable Costing

A bookkeeping approach that incorporates only variable production expenses such as direct materials, direct labor, and variable manufacturing overhead into the costs of products.

Net Operating Income

A company's operating income after all operating expenses have been deducted from total revenue.

Variable Costing

A costing method that includes only variable costs - costs that vary with production levels - in the cost of goods sold and excludes fixed costs.

Net Operating Income

The profit generated from a company's everyday business operations, indicating the efficiency of management.