Ethical Listening Means

question 107

Multiple Choice

Ethical listening means:

• A)agreeing with the ideas in the message.
• B)being positively influenced by an expert speaker.
• C)being quiet and polite.
• D)giving respect to the speaker,whether we agree or not.
• E)refusing to be persuaded by a multi-sided argument.

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Definitions:

Variable Costing

A costing method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in product costs, used for internal decision-making processes.

Net Operating Income

The net profit of a company, calculated by deducting operating expenses from the gross profit.

Absorption Costing

A financial recording strategy that encompasses all costs related to production, such as raw materials, labor directly associated with the production, and all overhead expenses, whether they vary or are fixed, as part of a product's cost.

Variable Costing

An accounting method where only variable manufacturing costs are included in product costs, with fixed overhead expenses treated as period costs.