Statement A: Those with a GED Tend to Make a Similar

question 39

Multiple Choice

Statement A: Those with a GED tend to make a similar amount of money as high school graduates. Statement B: Those with a GED tend to obtain postsecondary education at similar rates as high school graduates.

• A) Statement A is true and statement B is false.
• B) Statement A is false and statement B is true.
• C) Statements A and B are both true.
• D) Statements A and B are both false.

---

Definitions:

Sales Mix

Sales mix is the proportion of different products or services that a company sells, reflecting the variety of sales contributing to total revenue.

Units Sold

The total quantity of products or goods sold by a company during a specific period.

Relevant Range

The scope of activity levels within which the assumptions about fixed and variable costs in cost-volume-profit analysis remain valid.

Contribution Margin

The amount remaining from sales revenue after variable expenses have been deducted, indicating how much contributes to covering fixed costs and profit.