If an Organization Wants to Make a Profit, It Must

question 98

Multiple Choice

If an organization wants to make a profit, it must generate more sales revenue than the total costs it incurs.Which of the following is not a correct expression of the profit equation?

• A)Operating income = Sales revenue - Total variable costs - Total fixed costs
• B)Operating income = Sales revenue - Discretionary costs - Fixed costs
• C)Operating income = [(Sales price per unit - Variable cost per unit) × # units sold] - Fixed cost
• D)Operating income = [Contribution margin per unit × # units sold] - Fixed costs

Understand the relationship between report and form design and the impact on data presentation.

Learn to implement thematic and stylistic changes across multiple reports and forms for consistency.

Gain insight into the structural adjustments possible in form and report design, including the addition and removal of layouts and controls.

Understand the concept of word-superiority effect and how it influences letter recognition.

---

Definitions:

Subsistence

A mode of livelihood in which communities sustain themselves with minimal reliance on external trade, often by farming, fishing, or hunting.

Residence

A place where a person lives or has their home.

Residence Patterns

The societal norms and customs that dictate where individuals or groups live, often based on kinship, marital status, or gender roles.

Biological Consequences

The effects or outcomes that result from processes or changes in the biological systems.