Match Each Item with the Correct Statement Below

question 148

Multiple Choice

Match each item with the correct statement below.
-Sales revenue minus total variable cost or price minus unit variable cost.

• A)break-even point
• B)Common fixed expenses
• C)Contribution margin
• D)Direct fixed expenses
• E)Margin of safety
• F)Operating leverage
• G)Degree of operating leverage
• H)Sales mix

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Definitions:

Proximity

The physical or psychological closeness between people, objects, or ideas, influencing their interaction and relationships.

Fundamental Attribution Error

The tendency to underestimate situational influences and overestimate personal traits as causes of others' behaviors.

Personal Factors

Individual attributes such as personality, beliefs, and experiences that influence one's behavior and perceptions.

Peter Principle

A theory suggesting that people are promoted to their level of incompetence in a hierarchical organization.