Examlex

Solved

Which of the Following Statements About Contribution Are Correct

question 19

Multiple Choice

Which of the following statements about contribution are correct?
(i) If contribution is a positive figure it contributes, first, to covering fixed costs, and second, to profit.
(ii) In order to calculate contribution it is necessary first to split costs into fixed and variable.


Definitions:

Interviewee

The person who answers the questions during an interview, often a candidate for a job or a subject in research.

Feelings

Emotional states or reactions that are subjectively experienced and expressed.

Summarize

To present the main points or key information of a larger document, presentation, or conversation in a concise form.

Interviewee

The person who is being interviewed, typically in the context of a job application, research study, or media appearance.

Related Questions