Nate Was Asked to Give an After-Dinner Speech at the Awards

question 34

Multiple Choice

Nate was asked to give an after-dinner speech at the awards banquet for the rugby team. He decided to take a light approach to the sport, and entitled his speech, "Rugby, Rugby, How Do I Love Thee? or Three Ways to Break Your Legs." The general purpose of this speech is most likely to _____.

• A) inform
• B) persuade
• C) demonstrate
• D) entertain

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Definitions:

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance.

Raw Material Costs

The expense associated with the basic materials required in the production of goods.

Direct Labour Costs

Direct Labour Costs refer to the wages paid to workers directly involved in manufacturing or producing goods, in contrast to indirect labor involved in supportive roles.

Building Rental Costs

The expenses incurred for leasing a facility or space for business operations.