INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

question 65

Short Answer

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
Dividends received from stocks are known as [ passive | portfolio ] income.

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Definitions:

Cost Analysis

The process of reviewing and evaluating the costs involved in a project or operation.

Activity Rates

Charges or costs applied based on specific activities or drivers in cost accounting, used to allocate costs to products or services.

Wedding Cakes

A specialized product in the baking industry, often intricately designed and customized for individual wedding events.

Overall Margin

The ratio or percentage that represents the difference between a company’s sales and costs, indicating overall profitability.