Your Phone Ringing While You're Studying for a Critical Exam

question 45

Multiple Choice

Your phone ringing while you're studying for a critical exam is an example of a distraction. Of the following, which shows you are not in control?

• A)You do not answer.
• B)You answer and say you're studying and you'll call back later.
• C)You talk for three hours.
• D)You talk, but for a short time.

---

Definitions:

Investment Opportunity

A potential venture or project that promises returns or profits to the investor.

Combined Margin

The total margin that results from combining the gross margin and net margin of a company.

Contribution Margin Ratio

A financial metric that shows the percentage of sales revenue that is not consumed by variable costs and contributes to covering fixed costs.

Fixed Expenses

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance.