Which of the Following Terms Do Not Appear on the Contribution

question 65

Multiple Choice

Which of the following terms do not appear on the contribution margin format income statement?

• A) gross profit.
• B) contribution margin.
• C) operating income.
• D)variable expenses.

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Definitions:

Tolerance

The ability or willingness to tolerate the existence of opinions or behavior that one dislikes or disagrees with.

Monochronic Cultures

Societies that value linear time-orientation, preferring to do tasks one at a time and emphasizing schedules and punctuality.

Time

A continuous, quantifiable period during which actions, processes, or conditions exist or take place.

Monochronic Cultural Values

A cultural perspective that emphasizes doing one task at a time, a strong commitment to schedules, and an emphasis on punctuality.