The Suffix -Ism Means

question 369

Multiple Choice

The suffix -ism means:

• A)many; much.
• B)one who specializes in.
• C)process; disease from a specific cause.
• D)the study of.

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Definitions:

Contribution Format Income Statement

An income statement format that segregates fixed and variable costs, directly showing the contribution margin.

Sales Commissions

A portion of sales revenue paid to sales employees as a reward for selling the company's products or services.

Net Operating Income

Earnings before interest and taxes (EBIT), representing the profit from normal business operations.

Fixed Expenses

Expenses that remain constant regardless of production or sales volumes, including items like rent, salaries, and insurance fees.