If You Are Disappointed with Your Performance on One or More

question 4

Multiple Choice

If you are disappointed with your performance on one or more essay items, what would be a good strategy to follow?

• A) See your professor and try to argue for a few more points; most students do.
• B) Study harder for the next exam.
• C) See your professor to discuss his or her expectations for a good answer. Then rewrite your answer and see your professor again.
• D) Go back and review your notes and find out what you should have studied that you didn't.

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Definitions:

Operating Expenses

Costs associated with running a day-to-day business operation, such as salaries, rent, and utilities.

Mark-up

An extra charge on top of the cost price for items, aimed at covering both overhead expenses and profits, described in terms of a percentage of the initial cost.

Profit or Loss

The financial result of operations, where profit is the excess of revenues over expenses and loss is the deficit.

Annual Sale

A sale event that occurs once a year, often featuring significant discounts on goods and services.