An Example of an Expendable Item Is A(n) ____

question 111

Multiple Choice

An example of an expendable item is a(n) ____.

• A) examining table
• B) prescription pad
• C) reflex hammer
• D) facsimile machine
• E) typewriter

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Definitions:

Controllable Margin

The portion of income that remains after deducting controllable expenses, indicating the earning performance that management can influence.

Controllable Costs

Expenses that a manager or business has the power to influence or change in the short term.

Managerial Responsibility

The obligation of managers to make decisions and take actions that maximize the value and effectiveness of an organization.

Top Management

The highest level of managers within an organization, responsible for setting policies, strategic planning, and making significant corporate decisions.