Match the Term with Its Definition

question 25

Multiple Choice

Match the term with its definition.
-Analysis that requires the examination of cost-revenue relationships and the incorporation of sales forecasts

• A)aging schedule
• B)bad-debt ratio
• C)break-even analysis
• D)break-even point
• E)contribution margin
• F)elastic demand
• G)elasticity of demand
• H)inelastic demand
• I)price

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Definitions:

Equation

A mathematical statement that asserts the equality of two expressions.

Multiplying Fractions

A mathematical process involving the multiplication of two or more fractions.

Numerators

are the top numbers in a fraction, indicating how many parts of a whole are being considered.

Proportion

Another way of saying fraction.