Which One of the Following Is NOT Considered to Be

question 29

Multiple Choice

Which one of the following is NOT considered to be one of the macronutrients needed by plants?

• A)manganese
• B)sulfur
• C)phosphorus
• D)nitrogen
• E)potassium

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Definitions:

Operating Leverage

A measure of how revenue growth translates into growth in operating income, indicating the proportional relationship between fixed and variable costs.

Contribution Margin

The difference between the sales revenue of a product and its variable costs, used to cover fixed costs and profit.

Pretax Net Income

The amount of income earned by a business before taxes have been deducted.

Absorption Costing

A method of product costing that includes all manufacturing costs, both variable and fixed, in the cost of a unit of a product.