The Purpose of Values Clarification Is To

question 17

Multiple Choice

The purpose of values clarification is to:

• A) have students make judgments about the correctness of certain situations.
• B) help place students into different stages of moral development.
• C) have students identify what they really think is important.
• D) have students develop critical thinking skill.

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Definitions:

Cash Break-even

Cash break-even is the point at which a business generates just enough revenue to cover its cash outflows, without making a profit or loss.

Financial Break-even

The point at which total revenues equal total costs, resulting in neither profit nor loss.

Depreciation

The accounting method of allocating the cost of a tangible asset over its useful life, representing wear and tear, decay, or decline in value.

Contribution Margin

The portion of sales revenue that exceeds variable costs, contributing towards covering fixed costs and generating profit.