How Is a CV Different from a Résumé

question 56

Multiple Choice

How is a CV different from a résumé?

• A)CVs are shorter
• B)CVs focus on job skills,not employers
• C)CVs are more detailed and include personal information
• D)CVs are primarily used for leadership positions
• E)CVs focus on salary and promotion

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Definitions:

Unit Contribution Margin

The dollars available from each unit of sales to cover fixed costs and provide operating profits.

Fixed Costs

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

Unit Contribution Margin

The difference between the selling price per unit and the variable cost per unit of a product.

Break-even Point

The level of production or sales at which total revenues equal total expenses, and the business makes neither a profit nor a loss.