How Do You Edit Footnotes or Endnotes While in Draft

question 2

Multiple Choice

How do you edit footnotes or endnotes while in Draft view?

• A) Edit footnotes and endnotes in the Footnotes or Endnotes pane
• B) Click the footnote or endnote and edit it
• C) Click in the balloon and edit them
• D) Double-click to open the Track Changes view and edit

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Definitions:

Fixed Expenses

Costs that do not change with the level of production or business activity.

Unit Contribution Margin

The amount by which the selling price of a unit exceeds its variable costs, indicating how much it contributes to covering fixed costs and generating profit.

Fixed Expenses

Expenses that remain constant regardless of production or sales volume, including rent, salaries, and insurance.

Sales Mix

The relative proportions in which a company’s products are sold. Sales mix is computed by expressing the sales of each product as a percentage of total sales.