Which of the Following Best Describes Reduction as a Key

question 12

Multiple Choice

Which of the following best describes reduction as a key form of influence while transcribing an interview?

• A) deciding how to reduce the information obtained in an interview in order to include only relevant information
• B) defining what information is relevant and what information is to be left out
• C) determining how the information obtained in an interview is reduced to words
• D) describing what should be the word count and language to be used in the transcript

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Definitions:

Variable Costing

A method of costing that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in the cost of goods sold and treats fixed manufacturing overhead as a period expense.

Absorption Costing

A method of accounting that encompasses all costs involved in manufacturing, including direct materials, direct labor, and both variable and fixed manufacturing overhead, as part of a product's cost.

Net Operating Income

The profit a company makes from its core business operations, excluding deductions of interest and taxes.

Net Cash Flow

The amount of cash generated or lost over a specific period, taking into account cash inflows and outflows from operational, investing, and financing activities.