Knowledge That Is Codifiable and Easy to Communicate or Write

question 30

Multiple Choice

Knowledge that is codifiable and easy to communicate or write down is called _____ knowledge.

• A) tacit
• B) explicit
• C) absorptive
• D) working
• E) stored

---

Definitions:

Variable Costs

Expenses that vary directly with the level of production or sales volume, such as raw materials and direct labor.

Book Value

The value of an asset according to its balance sheet account balance, calculated by subtracting the accumulated depreciation from the asset's original purchase cost.

Trading In

The act of giving a used item as part of the payment for a new item, often used in car sales.

Further Processing Costs

Additional costs incurred when processing products beyond their initial production stage to enhance their value.