Contribution Margin Is

question 44

Multiple Choice

Contribution margin is

• A) the amount of revenue remaining after deducting fixed costs.
• B) available to cover fixed costs and contribute to income for the company.
• C) sales less fixed costs.
• D) unit selling price less unit fixed costs.

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Definitions:

Occupational Groups

Collections of jobs that are similar in terms of their main tasks, responsibilities, and the qualifications or training needed to perform them.

Job Performance

The level of effectiveness and efficiency with which an employee carries out their job duties.

Surface-Level Diversity

Involves individual differences in visible attributes such as race, sex, age, and physical abilities.

Personality

Refers to the unique and consistent set of behaviors, feelings, and thoughts that characterize an individual.