Contribution Margin Is the Amount

question 41

Multiple Choice

Contribution margin is the amount

• A)that is available to cover fixed costs and provide a profit.
• B)of total variable costs and total fixed costs.
• C)of sales less cost of goods sold.
• D)that is available to cover period costs and provide a profit.

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Definitions:

Cohesive

Characteristic of a group where members are united, working together effectively towards common goals or interests.

Relationship-Oriented Leader

A leadership style focused on building strong relationships, supporting team members, and emphasizing collaboration and team cohesion.

Task-Oriented

Describes a focus or prioritization on completing tasks and achieving goals, often in a work or group project context.

Transactional

Relating to the conduct of business, or interactions involving exchange of goods, services, or information between parties.