Which of the Following Is NOT a Part of Theory

question 61

Multiple Choice

Which of the following is NOT a part of Theory X?

• A) Employees like responsibility
• B) Workers are lazy
• C) Workers prefer to follow
• D) Employees like to work

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Definitions:

Variable Costing

A costing approach that solely incorporates variable manufacturing expenses such as direct materials, direct labor, and variable manufacturing overhead into the costs per unit of product.

Income Statement

A financial statement that provides a summary of a company's revenues, expenses, and profits over a specific period, indicating financial performance.

Net Operating Income

A company's income after operating expenses are subtracted but before deducting interest and taxes.

Break-even Sales

refers to the amount of revenue needed to cover all fixed and variable costs, at which point a business neither makes a profit nor incurs a loss.