Of the Twelve Appropriations Bills That Are Supposed to Be

question 40

Multiple Choice

Of the twelve appropriations bills that are supposed to be passed​ to fund operations of the U.S.government,_______ were passed by the appropriations committees in 2013

• A)​zero
• B)​three
• C)​six
• D)​nine
• E)​twelve

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Definitions:

Variable Cost

Costs that vary directly with the level of production or service delivery, such as raw materials and labor costs.

Fixed Costs

Costs that do not vary with the level of production or sales volume, remaining constant even as production levels change.

Break-even Point

The point at which total costs equal total revenue, resulting in no net loss or gain for the business.

Variable Cost

Costs that vary directly with the level of production or sales volume, such as raw materials and direct labor.