Critical Thinking Questions Case 5-1 Your Neighbor Perry Is Uncertain

question 92

Multiple Choice

Critical Thinking Questions Case 5-1 Your neighbor Perry is uncertain what the significance of file extensions is, and he has a bunch of files that he would like to be able to recognize by their extensions alone. You tell him that you will help him out. Perry is looking for a file that has had most of its formatting removed. Which of the following is most likely to be that file?

• A) file.pdf
• B) file.mht
• C) file.txt
• D) file.wps

---

Definitions:

Break-Even Point

The level of business operations at which revenues and expired costs are equal.

Cost-Volume-Profit Chart

A chart that graphically shows sales, costs, and the related profit or loss for various levels of units sold.

Total Costs

The sum of all costs associated with the production or acquisition of goods and services, including variable and fixed costs.

Sales Line

A term used to refer to the product line or range of products that generate sales revenue for a business.