Under variable costing, the cost of a unit of inventory does not contain fixed manufacturing overhead. Variable costing is a cost accounting method in which only the variable production costs, such as direct materials, direct labor, and variable manufacturing overhead, are included in the cost of a unit of inventory.
Fixed manufacturing overhead costs, such as rent, utilities, and salaries of supervisors, are treated as period expenses and are not included in the cost of inventory under variable costing. Instead, fixed manufacturing overhead costs are expensed in the period in which they are incurred.
Variable costing provides a clearer picture of the direct costs associated with producing a unit of inventory and is often used for internal management decision-making and analysis. It can help in understanding the impact of changes in production levels on costs and profitability. However, for external reporting purposes, such as financial statements, variable costing is not typically used, and absorption costing, which includes both variable and fixed manufacturing overhead, is more commonly employed to comply with generally accepted accounting principles (GAAP).
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The average cost for a typical electric-power-production firm is AC 100-10Q Q2 where Q is measured in billion kilowatt hours per day. At the current regulated price, consumers demand 4 billion kilowatt hours per day. Is this market a natural monopoly? If demand increases to 10 billion kilowatt hours, is this market a natural monopoly? Explain
If demand increases to 10 billion kilowatt hours, A natural monopoly is a situation in which a single supplier can fulfill a market's whole demand due to their capability to produce the product or service at a lower cost than the existing competition.
A natural monopoly has a high barrier to entry because it would be impractical for new companies to enter the market, resulting in the current business being the sole supplier. A natural monopoly typically occurs when a firm can achieve economies of scale over the entire range of production, indicating that the firm's average cost of production decreases as output rises. In this scenario, we must first determine if the given market is a natural monopoly before analyzing what occurs when demand is raised to 10 billion kilowatt hours. The equation of the average cost is AC = 100 - 10Q + Q2 where Q is measured in billion kilowatt hours per day. At the current regulated price, consumers demand 4 billion kilowatt hours per day, meaning that Q equals 4.
In this case, we can see that AC is equal to $144 billion per day. When we put Q equal to 4 in the average cost equation, we get the result of AC = $144 billion. A natural monopoly occurs when a single firm can provide a service or product to an entire market at a lower cost than the existing competition. We can conclude that this market is not a natural monopoly because the given situation demonstrates that it is not cost-effective to meet the entire demand of the market at this time. This market is not a natural monopoly because it is not cost-effective to meet the whole demand of the market when Q = 4. Now let's see what occurs if demand rises to 10 billion kilowatt hours.
We put Q = 10 in the average cost equation, and we get AC = $100 billion. However, since AC is decreasing, this market can be deemed a natural monopoly when Q = 10 billion kilowatt hours per day. Because the AC is lower than what the existing competition can provide, it will become a natural monopoly in this scenario.
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Search how much it costs to raise a child in the United States today. In your journal assignment write about your findings. What is your opinion on the cost to raise a child? How would it impact your budget? How can you prepare for it when you are getting ready to have children?
Answer: How Much Does it Cost to Raise a Child in the United States Today?
Explanation: It's no doubt, that raising a child can get rather expensive in today's economy. You see, while it can vary due to geography and the cost of childcare, $310,605 is the average amount spent on raising a child born in 2015 to age 17. This amount does not include the cost of paying for higher education, which can easily add $80,000 to $100,000+ per child to the total. However, I personally believe that raising a child, can impact your budget drastically, which is why you should be financially stable before considering starting a family. To prepare yourself for children, one should understand your health insurance, pay down debt, build emergency savings, etc.
{I hope this helped! :)}
what do you mean by Producer's Equilibrium ?????
Answer:
it is refered to as profit maximization condition
Answer:
it is refered to as profit maximization condition
It's ne Lilly unnie
Find the total amount Suzanne has in a college savings account if $5000 was invested and earned 3% compounded quarterly for six years. Write the answer rounded to the nearest cent. (Three Points)
Answer:
\(A = 598207\ cents\)
Explanation:
Given
\(Principal, P = \$5000\)
\(Rate, r = 3\%\)
\(Time, t = 6\ years\)
\(n = Quarterly =4\)
Required
Determine the total amount
This can be calculated by using:
\(A = P(1 + \frac{r}{n})^{nt}\)
Substitute \(P = \$5000\) \(r = 3\%\) \(t = 6\ years\) \(n =4\)
So;
\(A = 5000 * (1 + \frac{3\%}{4})^{4* 6}\)
Convert percentage to decimal
\(A = 5000 * (1 + \frac{0.03}{4})^{4* 6}\)
\(A = 5000 * (1 + 0.0075)^{4* 6}\)
\(A = 5000 * (1.0075)^{4* 6}\)
\(A = 5000 * (1.0075)^{24}\)
\(A = 5000 * 1.19641352939\)
\(A = 5982.06764695\)
Since 1 dollar is equivalent to cents, then the above in cents is;
\(A = 5982.06764695 * 100\)
\(A = 598206.764695\)
\(A = 598207\ cents\) --- Approximated
A company drastically reduced the number of its employees at various levels by eliminating product teams, shrinking departments, and reducing levels in the hierarchy. what is such a change called?
A company drastically reduced the number of its employees at various levels by eliminating product teams, shrinking departments, and reducing levels in the hierarchy. This is a change called restructuring.
What is restructuring?The act of redesigning a company's legal, ownership, operational, or other structures with the goal of increasing profitability is known in corporate management as restructuring. Additionally, restructuring is necessary for our democracy to attain better governance. Elections on a regular basis have not always resulted in better administration. Restructuring in response to financial hardship reduces the options available and makes avoiding bankruptcy more challenging. Restructuring is a term used to describe situations where businesses decide to change their operating procedures, organizational structure, or financial spending.
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consumer needs can be completely satisfied by proper customer relationship management.
Customer Relationship Management (CRM) plays a significant role in meeting and satisfying consumer needs. However, it is important to note that complete satisfaction of consumer needs relies on various factors beyond CRM.
While proper Customer Relationship Management (CRM) is essential for understanding and meeting consumer needs, complete satisfaction of consumer needs typically involves a broader set of considerations. CRM helps businesses develop a deep understanding of their customers, track their preferences, and deliver personalized experiences. By effectively managing customer interactions, businesses can enhance satisfaction levels and build long-term relationships. However, other factors such as product quality, pricing, availability, convenience, and overall customer experience also play vital roles in meeting consumer needs. Achieving complete satisfaction requires a holistic approach that encompasses multiple aspects of the business, including product development, operations, marketing, and customer service.
Thus, in order to meet and satisfy customer needs, customer relationship management (CRM) is crucial. Therefore, it is crucial to remember that complete consumer wants satisfaction depends on a number of elements outside of CRM.
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in about 100 words explain who owns, controls and is responsible for any debt, in a sloe proprietorship and in a partnership.
Legally, sole proprietors bear unlimited responsibility for all business debts. Their assets, both personal and business, are at risk.
Who is the sole proprietor of a business?A sole proprietor is a person who owns an unincorporated business on their own. However, if you treat a domestic limited liability company (LLC) as a corporation, you will not be treated as a sole proprietor even if you are the LLC's sole member.
The term "limitless obligation" refers to the full legal liability that business partners and entrepreneurs anticipate for all business obligations. This chance isn't covered, and responsibilities can be paid through the seizure and proposition of owners' own special assets, which isn't equivalent to the renowned confined liability business structure.
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You start a new business selling a product thats the best of its kind on the market. In addition to this product, what must you have to be successful?
Answer:
A. Good marketing
Explanation:
Every organization, regardless of the segment or product it sells, must develop a consistent marketing strategy.
A company that sells a product that is the best of its kind on the market, must invest in an effective strategy so that the product is known to consumers, is competitive and correctly distributed. The five p's of marketing can be a good strategy to correctly position the product on the market, as it involves strategic development for the product, price, promotion, place and people.
which measurement product is designed for brick-and-mortar retailers that collect shopper purchase data in a customer relationship management system?
Store sales direct is designed for brick-and-mortar retailers that collect shopper purchase data in a customer relationship management system A customer (also known as a client, buyer, or purchaser).
customer is the recipient of an item, service, product, or idea gained from a seller, vendor, or supplier through a financial transaction or exchange for money or another valuable consideration. Early communities relied on a favor-based gift economy. Later, when commerce grew, fewer lasting human relationships were created, based on temporary wants rather than long-term social goals. Customers are those who buy products and services, whereas clients are those who receive specialized advise and answers. [3] Although such differences have little modern semantic weight, agencies such as legal companies, film studios, and health care providers choose client, whereas grocery shops, banks, and other financial institutions prefer customer.
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Your friend Marco loves being on his phone and interacting on social media. He knows that you are studying different careers and asks you what kinds of careers he might consider that would allow him to learn more about communications. You know that advances in telecommunication are always being introduced, and in the future more and more people will be needed in the Energy cluster to design, create, advertise, and sell new ways of communicating. List two careers that he could pursue along the telecommunication pathway. What kind of skills or talents would he need in these two careers? How could he gain the talents or skills to succeed in these two careers?
Answer:
Computer Software Engineers or Computer programmers
Explanation:
To become a Computer Software Engineer, you would need to be good at problem solving and logical thinking, Teamwork, Computer programming and coding, Software development, Written and verbal communication and a bit more.
To become a Computer Programmer, you would need to be good at mathmatics, communication skills, writing skills, learning concepts and applying them to other problems, self-motivation, and a couple more.
Suppose an economy employs labour and capital to produce output. Assume that an exogenous shock increases the price of labour in the economy, other thing being constant. a. (8 points) Use the aggregate demand and supply model to illustrate and examine the impact of the labour-market shock on output and the price level in both the short run and the long run.
b. (8 points) If the central bank cares about keeping output at their natural-rate levels, what is the policy response of the central bank? What is the impact of policy response on the price level? Use the aggregate demand and supply model to explain your answer.
Please illustrate your answers using figures with aggregate demand and supply curves. Please also briefly explain the answers in words
a. An exogenous shock that increases the price of labor in the economy would shift the short-run aggregate supply (SRAS) curve to the left, leading to a decrease in output and an increase in the price level. In the long run, wages and prices adjust to the new equilibrium, and the economy returns to its potential output level. However, the price level remains higher than before the shock.
b. To keep output at its natural rate level, the central bank would need to increase aggregate demand by lowering interest rates, which shifts the AD curve to the right. This policy response can bring output back to its potential level, but it would also lead to a further increase in the price level in the short run due to the initial shock. In the long run, the impact on the price level is uncertain, as it depends on the degree to which the central bank's policy affects inflation expectations.
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Darcy is a new manager in a large consulting firm. As one of her first task she needs to set goals for her team
Answer: Bottom-up
Explanation:
Bottom-up also known as top down approach, is the approach of going from general to the specific, also from specific to the general. They are possible approach for a wide range of endeavors such as goal getting, forecasting and setting busgets
Darcy can use the Bottom-up approach to set up her team.
Computer equipment was acquired at the beginning of the year at a cost of $66,600 that has an estimated residual value of $4,100 and an estimated useful life of five years. Determine the (a) depreciable cost, (b) straight-line rate, and (c) annual straight-line depreciation.
Answer:
Depreciable cost = Cost of equipment - residual value
Depreciable cost = 66,600 - 4,400
= $2,200
Annual depreciation = cost - residual value / useful life
Annual depreciation = 66,600 - 4,400 / 5
= 12,440
Straight-line rate = Annual depreciation expense / cost - residual value
Straight-line rate = 12,400 / 66,600 - 4,400
= 0.199
Does the state of the US economy have an effect on local businesses started by entrepreneurs? Please explain your answer.
The state of the United States' economy has an effect on local businesses that are started by entrepreneurs as it determines the amount of sales that the local business would make.
How does the U.S. economy affect local businesses?The state of the U.S. economy determines the income level of the average person in America. If the economy is doing well, then people generally have more income than if the economy is performing poorly.
When the economy is doing well and people have more income, they will be able to buy more goods and services from businesses including the local businesses established by entrepreneurs. If the reverse is the case, then local businesses would generally suffer when the economy is bad and people have less income.
There are also local businesses that see their income increase when the economy is doing poorly for instance, financial planners and health care.
In conclusion, local businesses started by entrepreneurs get affected by the state of the U.S. economy.
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Hàm số câif và cung của một hàng hóa như sau Qd=80-10P Qs=-70+20P Xác định giá và sản lượng cân bằng trên thị trường
Answer:
Equilibrium price = $5
Equilibrium quantity = 30 units
Explanation:
Given:
Quantity demanded = Qd = 80 - 10P
Quantity supplied = Qs = -70 + 20P
Find:
Equilibrium price and quantity
Computation:
Equilibrium price and quantity
Qd = QS
So,
80 - 10P = -70 + 20P
150 = 30P
Equilibrium price = $5
Qd = 80 - 10P
Qd = 80 - 10(5)
Equilibrium quantity = 80 - 50
Equilibrium quantity = 30 units
Question 3 (3 points)
Advertising the product or service is a part of the
function. Choose the
answer.
promotion
distribution
information management
O pricing
Answer:
promotion
Explanation:
its broadcasting the product getting customers
Provide a case study on how IR 4.0 technology been implemented in quality management system within manufacturing plant. Based on the case study, provide the visible benefits of the technology implemented compare with conventional quality control methods. Express your opinion on the major challenge of implementing such technology in Malaysia manufacturing industry. [attach the source of case study within the submission]
- A case study on the implementation of IR 4.0 technology in a manufacturing plant's quality management system showcases the visible benefits compared to conventional quality control methods.
- The major challenge of implementing such technology in the Malaysian manufacturing industry lies in addressing the digital skills gap and fostering a culture of innovation.
The implementation of IR 4.0 technology in a manufacturing plant's quality management system can revolutionize the way quality control is carried out. By integrating technologies such as Internet of Things (IoT), Artificial Intelligence (AI), and data analytics, manufacturers can enhance their quality control processes and achieve higher levels of efficiency and accuracy.
For instance, a case study conducted at a manufacturing plant in Malaysia demonstrated the implementation of IR 4.0 technology in quality management. The plant leveraged IoT sensors to collect real-time data from various stages of the production process. This data was then analyzed using AI algorithms to identify patterns and anomalies, enabling proactive quality control measures.
The visible benefits of this technology implementation were remarkable. Firstly, it led to a significant reduction in defects and product recalls, ensuring higher customer satisfaction. Secondly, the real-time monitoring and analytics capabilities allowed for timely identification of process inefficiencies, leading to improved productivity and cost savings. Lastly, the implementation of IR 4.0 technology enabled better decision-making through data-driven insights, enabling continuous improvement of the quality management system.
However, the major challenge of implementing such technology in the Malaysian manufacturing industry is the need to address the digital skills gap. Many manufacturers may lack the necessary expertise to effectively utilize and maintain advanced technologies. Therefore, investing in upskilling and reskilling programs for the existing workforce, as well as incorporating relevant training modules in technical education, is crucial to bridge this gap.
Additionally, fostering a culture of innovation is essential. Encouraging collaboration between industry players, academia, and government institutions can promote knowledge sharing, research, and development of IR 4.0 technologies. By creating an ecosystem that supports innovation and technology adoption, the Malaysian manufacturing industry can overcome the challenge of implementing IR 4.0 technology and reap its benefits.
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an asset allocation strategy that is most likely to result in the purchase of securities when prices fall is: buy and hold strategy. tactical allocation strategy. dynamic allocation strategy. constant weighting strategy.
An asset allocation strategy that is most likely to result in the purchase of securities when prices fall is: tactical allocation strategy. The correct option is B
The tactical allocation strategy involves adjusting the asset allocation of a portfolio based on short-term market conditions and trends. This strategy allows investors to capitalize on opportunities and take advantage of lower security prices when they fall. In contrast, other strategies have different focuses:
a. Buy and hold strategy: This strategy involves purchasing securities and holding them for a long period, regardless of market fluctuations. It is based on the belief that the market will grow over time, and short-term volatility will not significantly affect long-term gains.
c. Dynamic allocation strategy: This strategy involves constantly adjusting a portfolio's allocation to adapt to changes in the market, economic conditions, or investor objectives. While this strategy may sometimes result in buying securities when prices fall, it is not specifically focused on that.
d. Constant weighting strategy: This strategy maintains a consistent allocation of assets within a portfolio, regardless of market fluctuations. When the value of an asset changes, the portfolio is rebalanced to maintain the target allocation. This strategy may occasionally lead to buying securities when prices fall, but it is not its primary objective.
In summary, a tactical allocation strategy is the asset allocation strategy most likely to result in the purchase of securities when prices fall, as it focuses on taking advantage of short-term market conditions and trends.
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Complete question:
an asset allocation strategy that is most likely to result in the purchase of securities when prices fall is:
a.; buy and hold strategy.
b. tactical allocation strategy.
c. dynamic allocation strategy.
d. constant weighting strategy.
On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720.
Complete Question:
On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720
Journalize the first interest payment and the amortization of the related bond discount using the Straight line method
Answer:
Kindly check Explanation
Explanation:
Given the following :
Face value of bond issued = $1,450,000
Cash received on Issuance = $1,408,720
Number of Interest payment on bond = 5 × 2 = 10(semiannual)
Therefore, discount on bond :
$(1,450,000 - 1,408,720) = $41,280
Spreading or amortizing diacou t on bond over the bond duration (use te straight line method)
Discount / period
$41,280 / 10 = $4,128
Interest expense a/c Dr $40,378
To discount on bond payable a/c Cr $4128
To cash a/c $36,250
How do you solve economic equations when they add percentages like 200% & add another # with it?
Answer:
Sorry if this is unclear btw!
Explanation:
A percentage is a number multiplied by 100. So, 200 ÷ 100 = 2. So, if you are adding 200% to a number, you only add 2. When multipliying by 200%, you multiply by 2. Same for subtraction and division!
All of the following statements are true regarding negotiated municipal underwritings EXCEPT the:A initial offering price of each maturity must be disclosedB spread must be disclosedC participation amount of each underwriter must be disclosedD customer must be sent a copy of the Official Statement, if available
Answer:
D
Explanation:
customer must be sent a copy of the official statement, if available
Your friend asks you, “How early do you think I should start saving and searching for scholarships and state aid?” What do you recommend? Why?
If my friend asks me about when He/She should start saving then I would suggest that the person should start saving when they have a salary in which they can completely afford their basic living,any surplus of the basic living should be saved.
Only a minimal of salary should be spent on luxuries, the person should start searching for scholarships when they are ready to go college and want the scholarship assistance.
State Aid should only be applied for if the person cannot afford their studies by doing job and when they are unable to secure any scholarship.
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School Weste
LAUNCH
Rowan is the social media strategist for the housewares unit of a large department store chain.
She has been assigned the project of rolling out a new line of bed linens. She has identified her
target audience, and has developed a persona to match. She knows which social media
platforms her target audience uses primarily. She also has a clearly defined goal to sell at least
10,000 sets of linen within six months. What stage is Rowan's social media campaign in?
Development
Implementation
Analysis
Planning
X
The optimization phase is the closing and probably most vital section of your social media campaign. In this section you are focusing on the metrics of your social media efforts to date and working to improve areas for increased return on investment.
What is social media advertising campaign?A social media marketing campaign is a business's coordinated advertising effort to fortify facts (about a brand, product, or service) the usage of at least one social media platform. These campaigns are strategically focused, have measurable outcomes, and impact social media followers to sense or act in a positive way.
Before you get revved up about pushing your company or company on social media, it is quintessential to recognize that true social campaigns start with a clear intention or vision.
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https://brainly.com/question/30209001#SPJ1The study of group __________ helps us to recognize the formation of a group and states how the group should be organized, lead and promoted. Fill in the blank.
Answer:
dynamics
Explanation:
Group dynamics is a term that is used in describing the formation and the actual nature or characteristics of a group in connection to every member of the group and or in relation to how the group interacts with other groups.
Hence, the study of group DYNAMICS helps us to recognize the formation of a group and states how the group should be organized, lead, and promoted.
When the Group of dynamics may be a term that's utilized in describing the formation and also the actual nature or characteristics of a bunch in connection to each member of the group and or in respect to how the group interacts with other groups.
DynamicsHence, the study of social psychology that is Dynamics helps us to acknowledge the formation of a gaggle and states how the group should be organized, lead, and promoted.
Thus, the correct answer is Dynamics
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Which of these describes information that can appear in a consumer’s credit report?
A. The name of a company that gave the consumer a car loan two years ago
B. The amount of money that the consumer loaned to a family member
C. The amount of money the consumer will need to borrow in the next five years
D. The name of a store where the consumer pays cash for all purchases
Answer:
A. The name of a company that gave the consumer a car loan two years ago
Explanation:
A credit report is the statement that contains the information related to your credit activity & the present credit situation like history of loan payment, the status of your credit accounts. This would help lenders to use these reports whether they will give you loan and if they are agree than what rate of interest they would offer you
So according to the given situation, the option A is correct
______ involves building relationships and sharing information with colleagues who can help managers achieve the items on their agendas.
Answer:
networking
Explanation:
Networking can be understood as a network of relationships that an individual builds through their professional life, and which can be very beneficial for sharing information and communications relevant to the business, as well as other professional issues, such as aiming for a new job vacancy, achieve professional promotion, etc.
Building a positive relationship with co-workers will always be beneficial in a worker's life, because through interpersonal relationships you can become a reference through your professional achievements, which can open doors and bring prominence to your career.
in which method of appraisal does the manager select the score that best describes the employee's performance for every category on the appraisal form?A.Graphic rating scaleB.Paired comparisonC.RankingD.Forced distributionE.Critical incident
The method of appraisal in which the manager selects the score that best describes the employee's performance for every category on the appraisal form is the Graphic rating scale method.
This method is the most widely used method for employee performance appraisal. It involves rating an employee's performance on a scale for each category, such as quality of work, productivity, communication, etc. The manager selects the score that best describes the employee's performance for each category, and the scores are then totaled to determine the overall performance rating. This method is relatively simple and easy to use, and it provides a clear and concise appraisal of the employee's performance.
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Which of these is true about the national unemployment rate?
A. All people 18 years or older are counted as part of the labor force.
B. It is always at 6%.
C. All citizens are included in the labor force.
D. It is never at zero.
It is never at zero is true about the national unemployment rate. Hence, option D is correct.
What is national unemployment rate?The unemployment rate is defined as the proportion of the civilian labour force that lacks employment. The labour force is made up of all people who are working age and either employed or jobless.
The unemployment rate is the percentage of jobless people in the labor force. Therefore, knowing who is employed is essential for determining the unemployment rate. The labor force is made up of people who are either employed or unemployed.
The unemployment rate is the proportion of the work force that is unemployed. Because it is a trailing indicator, it frequently increases or decreases in response to changes in economic conditions rather than anticipating them.
Thus, option D is correct.
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How much y’all think I’m worth?
Y’all think ima great dancer?
Who follows me
Answer:
What????..............
Active listening is a process of communication in which the listener engages the speaker by repeating or rephrasing the speaker’s words; the listener may also mirror body language or _____.
apathetic behavior
tone of voice
nervous tics
hand gestures
Answer: tone of voice
Explanation:
Active listening refers to a process of communication whereby the speaker is engaged by the listener who repeats the words or statements heard.
Active listening involves the individual listening with all his or her senses and giving the speaker all the attention needed.
In active listening, the listener can mirror the body language or the tone of voice of the speaker. Active listening can be either acquired or developed through constant practice.