The Equation Which Reflects a CVP Income Statement Is

question 41

Multiple Choice

The equation which reflects a CVP income statement is

• A) Sales = Cost of goods sold + Operating expenses + Net income.
• B) Sales + Fixed costs = Variable costs + Net income.
• C) Sales - Variable costs + Fixed costs = Net income.
• D) Sales - Variable costs - Fixed costs = Net income.

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Definitions:

Time-out

A behavioral correction method that involves temporary isolation or removal from a stimulating environment to decrease undesirable behaviors.

Appropriate Behavior

A set of actions or conduct that is considered correct or suitable in a given context.

Response Facilitation

A phenomenon whereby the occurrence of some behaviors increases rather than decreases after the application of an aversive stimulus.

Suppressed

This term implies that something, such as an expression, activity, or data, has been deliberately withheld, reduced, or inhibited.