The Difference Between the Value an Activity Generates and the Cost

question 15

Multiple Choice

The difference between the value an activity generates and the cost of the activity is called the ________.

• A) margin
• B) revenue
• C) break-even point
• D) value-addition point

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Definitions:

Discontinue

Termination or cessation of an action or process.

NPO

A medical abbreviation for "nil per os" or "nothing by mouth," indicating that a patient should not ingest food or fluids.

QAM

An acronym for "Quaque Ante Meridiem," a medical notation meaning every morning; also refers to Quadrature Amplitude Modulation, a technique used in digital communication.

Salve

An ointment.