The Oort Cloud Is_____________

question 52

Multiple Choice

The Oort cloud is_____________ .

• A) the asteroid belt
• B) another name for the inner solar system, just before the Sun became hot enough for nuclear fusion
• C) the outer solar system where planetesimals, rocky debris and comets orbit outside beyond the outer planets but cross into the inner solar system at times
• D) an unusual type of cloud formed when meteorites strike Earth

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Definitions:

Sales Dollars

Represents the total revenue generated from the sale of goods or services before any expenses are subtracted.

Common Fixed Expenses

Expenses that remain constant in total regardless of changes in the level of activity or volume of output within a certain range.

Variable Costing

An accounting method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in product costs and treats fixed manufacturing overhead as a period expense.

Contribution Format

A method of profit reporting that separates fixed and variable costs, highlighting the contribution margin of products, services, or business segments.