The Lower the ________ Compared to Revenue, the Higher the Gross

question 33

Multiple Choice

The lower the ________ compared to revenue, the higher the gross profit.

• A) assets
• B) cost of sales
• C) gross margin
• D) operating expenses

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Definitions:

HR Manager

A professional responsible for overseeing the human resources department, which includes tasks such as recruiting, training, performance management, and ensuring compliance with labor laws.

Internal And External Pressures

Forces or influences that originate from within an organization or from the external environment that affect an organization's operations or decision-making processes.

Structural Power

The power held by individuals or groups due to their positions within the organizational, economic, or social structures.

Legitimacy

The general perception that an action, entity, or law is appropriate, just, and acceptable within a societal context.