Many People Avoid Conflict Because They Do Not Understand the Difference

question 5

Multiple Choice

Many people avoid conflict because they do not understand the difference between

• A) right and wrong.
• B) speaking to be understood rather than to win.
• C) constructive and destructive conflicts.
• D) talking and listening.
• E) intellect and emotion.

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Definitions:

Rolling Budgets

Budgets that are continuously updated by adding a new budget period as the current period is completed, extending the budget into the future.

Retained Earnings

The portion of a company's profits that is kept or retained and not paid out as dividends to shareholders.

Dividends

Payments made by a corporation to its shareholders, often as a distribution of profits.

Variable Factory Overhead

Costs of production that fluctuate with the level of output, such as utility expenses and materials used in the manufacturing process, excluding direct labor and materials costs.