Operating Systems Determine

question 23

Multiple Choice

Operating systems determine:

• A)the quality of what is not produced
• B)what is produced and how
• C)both of the above
• D)none of the above

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Definitions:

Contribution Margin

The surplus of sales revenue over variable costs, showing the extent to which revenue aids in covering fixed costs and generating profit.

Financial Advantage

The benefit gained in a financial context, such as lower costs, higher revenues, or competitive superiority.

Outside Supplier

An entity or company that provides goods or services to another company from outside the purchasing company's internal structure.

Variable Costs

Costs that change in proportion to the level of goods or services produced by a business.