Ntercon Is an Internet-Based Company That Provides Online Support Services

question 84

Multiple Choice

Ntercon is an Internet-based company that provides online support services for businesses that need help in setting up and maintaining their websites. Ntercon is an example of a company that is engaged in:

• A)B2C e-commerce.
• B) N2Y e-commerce.
• C) Y2K e-commerce.
• D)B2B e-commerce.

Understand the significance of EBITDA in internal decision-making processes.

Realize the importance of choosing products with higher contribution margins for profitability in the short run.

Understand the differences between absorption costing and variable costing.

Identify which costs are included and excluded under both costing methods.

---

Definitions:

Sales

The transactions of selling goods or services.

Scatterplot

A type of graph used in statistics to display values for two variables for a set of data.

Histogram

A histogram is a graphical representation used in statistics that shows the frequency distribution of a dataset by using bars of different heights or lengths.

Appliances Store

An appliances store is a retail establishment specializing in the sale of electrical or mechanical devices used in homes for tasks like cooking, cleaning, or food preservation.