The Difference Between Sales Revenues and the Total of Variable

question 98

Multiple Choice

The difference between sales revenues and the total of variable costs is:

• A) the breakeven point.
• B) gross operating profit.
• C) net profit.
• D) the contribution margin.

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Definitions:

Expression

A combination of symbols and operators in mathematics that represents a specific value.

Simplify

The act of minimizing complexity in a mathematical expression by executing permitted operations.

Expression

A combination of numbers, symbols, and operations used to represent a value, without an equivalence relation.

Simplify

The process of rendering an algebraic expression into its simplest form, making it easier to understand or solve.