Directions: Use Your Knowledge of the Reading-Writing Process to Answer

question 47

Multiple Choice

Directions: Use your knowledge of the reading-writing process to answer the following questions . A form of summary writing that restates an idea in the writer's own words is known as​

• A) ​paraphrasing.
• B) ​analyzing.
• C) ​quoting.
• D) ​all of the above

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Definitions:

Cost-plus Pricing

A pricing method where a fixed percentage is added to the total cost of producing a product or service to determine its selling price.

Return on Investment

A measure of the profitability and efficiency of an investment, calculated as the return (or gain) from an investment relative to its cost.

Markup

An amount added to the cost price of goods to cover overhead and profit.

Absorption Costing

An accounting method that includes all direct costs and an allocated portion of fixed and variable overhead costs in the cost of a product.