Which of the Following Is Not a Relevant Cost or Benefit

question 30

Multiple Choice

Which of the following is not a relevant cost or benefit when determining a contribution margin?

• A) Income
• B) Cost of goods sold
• C) Unavoidable costs
• D) Net sales

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Definitions:

Federal Poverty Level

a measure issued annually by the Department of Health and Human Services used to determine eligibility for various federal programs and benefits.

Incomes

The money received by an individual or organization, typically on a regular basis, for work, through investments, or from benefits.

Cultural Backgrounds

The cultural experiences, practices, languages, values, and worldviews that shape an individual's identity and perceptions, influenced by the society and community they are raised in.

Poverty

Poverty is a state or condition in which a person or community lacks the financial resources and essentials for a minimum standard of living.