Thurmon Retail Has Three Stores in West Virginia

question 50

Multiple Choice

Thurmon Retail has three stores in West Virginia. Which of the following costs would likely be excluded when computing the profit margin controllable by store no. 3's manager?

• A) Hourly labor costs incurred by personnel at store no. 3.
• B) Property taxes attributable to store no. 3.
• C) The salary of Thurmon's president.
• D) The salary of store no. 3's manager.
• E) All answers except hourly labor costs incurred by personnel at store no. 3 are correct.

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Definitions:

Distinctives

Unique characteristics or features that differentiate a product, service, or organization from its competitors.

High Risk

A situation or investment that carries a significant chance of loss or failure.

High Value

Denoting something that possesses great importance, worth, or usefulness, especially in terms of monetary or material worth.