The Best Way to Learn Conventions in a Particular Workplace

question 21

Multiple Choice

The best way to learn conventions in a particular workplace is by:

• A) seeing what other workers are doing.
• B) reading documents on office guidelines.
• C) interacting with the human resource department.
• D) getting updated by the manager or supervisor.
• E) researching online about the organization.

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Definitions:

Fixed Expense

An expense that does not change with the level of production or sales, such as rent, salaries, and insurance.

Administrative Expense

Costs related to the general administration of a business, including office supplies, salaries of administrative personnel, and utilities.

Freight-Out

The cost of shipping goods to customers, which is typically recorded as a selling expense.

Production Budget

A plan that outlines the number of units to be produced within a specific period to meet anticipated sales and inventory needs.