Figure B-3 the Item Marked 2 in the Figure Above

question 13

Multiple Choice

Figure B-3 The item marked 2 in the figure above is the ____.

• A)linked text
• B)attribute
• C)tag name
• D)URL

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Definitions:

Budget Standard Cost

Expected cost of goods or services set during a budgeting process, which serves as a guideline for managing and controlling future costs.

Markup Percentage

A ratio that shows how much a product’s selling price exceeds its cost, expressed as a percentage of the cost.

Variable Cost

Costs that vary directly with the level of production or service activity.

Contribution Margin

The difference between the sales revenue of a product and its variable costs.