The Segment Margin Is the Contribution Margin of a Particular

question 78

True/False

The segment margin is the contribution margin of a particular segment less any direct fixed costs.

---

Definitions:

Voucher Register

A comprehensive log that records details of all vouchers issued, including payment information, for accounting and auditing purposes.

Check Register

A record of checks written, deposits made, and balances in a checking account, used for tracking financial transactions.

Vouchers Payable

A liability account that records the obligation of the company to pay off a debt, typically for goods or services received.

Vouchers Payable

Vouchers payable is an accounting term for records that detail the amounts owed by a business to its suppliers or vendors for goods or services received.