Given Below Is an Excerpt from a Management Performance Report

question 65

Multiple Choice

Given below is an excerpt from a management performance report: $\begin{array}{llll}&\text { Budget }&\text { Actual }&\text { Difference }\\\text { Contribution margin } & \$ 1,000,000 & \$ 1,050,000 & \$ 50,000 \\\text { Controllable fixed costs } & \$ 500,000 & \$ 450,000 & \$ 50,000\end{array}$ The manager's overall performance

• A)is 20% below expectations.
• B)is 20% above expectations.
• C)is equal to expectations.
• D)cannot be determined from information given.

Recognize the difference between various types of query criteria, including date, number, and text filters.

Understand how to relate fields in a database to establish one-to-many relationships.

Grasp the basics of SQL (Structured Query Language) including syntax, query formation, and the role of keywords.

Identify and apply data types and properties required for field definition.

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Definitions:

Variable Expenses

Expenses that change in proportion to the amount of goods produced or the volume of sales, including labor and materials.

Sales Territories

geographical or demographic areas assigned to sales representatives or teams to manage and cultivate customer relationships and sales activities.

Contribution Margin

The amount of revenue remaining after deducting variable costs, used to cover fixed costs and contribute to profit.

Variable Expenses

Expenditures that fluctuate in alignment with the quantity of production or sales figures, like labor costs and materials used.