What Is the Formula Managers Use to Calculate a Percentage

question 26

Multiple Choice

What is the formula managers use to calculate a percentage variance when comparing last year's profits to this year's profits?

• A) (Profits This Year − Profits Last Year) ÷ Profits Last Year = % Variance
• B) (Profits Last Year − Profits This Year) ÷ Profits This Year = % Variance
• C) (Profits This Year − Profits Last Year) x Profits Last Year = % Variance
• D) (Profits Last Year − Profits This Year) x Profits This Year = % Variance

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Definitions:

Positive View

An optimistic perspective that focuses on finding the good in situations and expecting positive outcomes.

Secure Attachment Style

A pattern of attachment characterized by trust in the availability and responsiveness of one's partner in close relationships, leading to positive expectations for support.

Relationships

The way in which two or more concepts, objects, or people are connected, or the state of being connected.

Dimensional Approach

A method of categorizing characteristics or conditions on a continuous spectrum rather than as distinct and separate entities.