The Term Contribution Margin Refers To

question 50

Multiple Choice

The term contribution margin refers to:

• A) the amount of effort each employee contributes to an organization.
• B) the number of patients that contributed payment towards their bill.
• C) the amount of revenue contributed to an organization after fixed costs are subtracted.
• D) the amount of revenue contributed to an organization after variable costs are subtracted.

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Definitions:

Profits

The financial gain obtained after subtracting expenses from revenue in a business operation.

Syndicate

A group of individuals or organizations combined to undertake some specific business venture or share the risk in investments.

Professional Soccer

Professional Soccer refers to the sport of soccer played at a professional level, characterized by athletes who receive payment for their performance and skills in the game.

Personal Liability

The legal responsibility of an individual to satisfy debts or obligations from their own assets.