The Extension for a Company File That May Be Used

question 1

Multiple Choice

The extension for a company file that may be used to enter transactions is ____.

• A).qbi
• B).qbb
• C).qbw
• D).qbc

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Definitions:

Profit Per Unit

The amount of profit generated by selling one unit of a product or service.

Profit Maximizing

The process or strategy employed by businesses to increase their profits to the highest possible level given their resources and constraints.

Total Revenue

The income generated by a company from the sale of its goods or services before any costs or expenses are subtracted.

Total Cost

The complete cost of production which includes both fixed and variable costs.