Which of the Following Is Not an Intangible Factor in a Negotiation

question 15

Multiple Choice

Which of the following is not an intangible factor in a negotiation?

• A)The need to look good
• B)The need to arrive at the final agreed price on a contract
• C)The need to defend an important principle
• D)The need to win
• E)All of the above are intangible factors.

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Definitions:

Direct Labor Time Variance

The difference between the actual time taken to manufacture a product and the standard time expected, multiplied by the hourly wage rate.

Direct Labor

The wages paid to workers directly involved in the production of goods or services.

Budget Performance Report

A financial report that compares actual financial results to planned or budgeted figures, highlighting variances and their causes.

Actual Costs

The genuine expenses incurred in the production of goods or delivering services, without estimation.