Lashonna Has Gone to Benny's for Breakfast Many Times

question 54

Multiple Choice

Lashonna has gone to Benny's for breakfast many times.She knows that when you walk in,you should wait to be seated,and that once you are seated,the server will bring you menus and later come back to take your order.Lashonna has a(n) ____ that helps her know what she should do when she goes to eat at Benny's.

• A) schema
• B) mental model
• C) script
• D) image

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Definitions:

CVP Analysis

Cost-Volume-Profit Analysis; a management accounting tool that helps understand the relationship between costs, volume, and profit.

Inventory

Inventory consists of goods and materials held by a business for the purpose of resale or as part of the production process.

Contribution Margin

The selling price per unit minus the variable cost per unit, used to cover fixed costs and contribute to net profit.

Selling Price

The price for which a product or service is sold to the customer.