Which One of the Following Is Non-Financial Information That Management

question 26

Multiple Choice

Which one of the following is non-financial information that management might evaluate in making a decision?

• A)opportunity costs of a decision
• B)contribution margin
• C)the effect on profit of a decision
• D)the corporate profile in the community

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Definitions:

Provincial Tax Rates

The percentage of tax levied by provincial or state governments on income, property, and purchases within their jurisdiction.

Income

Money received, especially on a regular basis, for work or through investments.

Total Tax

The aggregate amount of tax owed to federal, state, local, and foreign taxing authorities.

Cash Flow

The broad sum of financial activities entering and exiting a business, influencing its ability to maintain liquid assets.