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If Sales Revenue of a Retail Company Increases by 10

question 35

True/False

If sales revenue of a retail company increases by 10% because the company sells more units of product, the company's cost of goods sold will increase by 10% as well.

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Definitions:

Responsibility

Being in a position where you have obligations to manage a situation or govern over an individual.

Reality Therapy

A form of therapy focusing on personal responsibility and focusing on the present rather than the past to solve current problems.

Cognitive

Pertaining to mental processes such as thinking, reasoning, memory, and problem-solving.

Existential Therapies

A group of psychotherapies that focus on individual freedom, choice, and responsibility, encouraging self-exploration and finding meaning.

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