Match the Term with the Definition

question 12

Multiple Choice

Match the term with the definition:
-Calculated by subtracting the total number of sick and disabled days and years from the average life expectancy

• A)activities of daily living (ADLs)
• B)compressed morbidity
• C)disability-adjusted life expectancy
• D)health status
• E)incidence
• F)infant mortality rate (IMR)
• G)instrumental activities of daily living (IDLs)
• H)life expectancy

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Definitions:

Margin Of Safety

A figure that indicates the possible decrease in sales that may occur before an operating loss results; may be expressed in terms of sales dollars, sales units, or percent of current sales.

Unit Selling Price

The price at which a single unit of a product or service is sold, not accounting for discounts or modifications.

Sales

The revenue generated from the sale of goods or services by a company during a particular period.

Unit Contribution Margin

The amount of revenue per unit sold that exceeds the variable costs involved in producing that unit.